Its good to diversify, its also true that the Federal Reserve is the biggest market whale in the universe. The gravitational pull towards the dollar is unavoidable because there isnt enough liquidity for any other form of value that exists.
The signal to watch for is US Treasury yields being unsupportable by the Fed’s purchasing program due to a greater market consensus of selling. As this does not happen and the macroeconomic trend is for US Treasury yields to also flirt with negative rates, like the rest of the planet’s major economic unions, it shows the opposite of your view.
Stop reading Zerohedge and come back to reality.
Its good to diversify, its also true that the Federal Reserve is the biggest market whale in the universe. The gravitational pull towards the dollar is unavoidable because there isnt enough liquidity for any other form of value that exists.
The signal to watch for is US Treasury yields being unsupportable by the Fed’s purchasing program due to a greater market consensus of selling. As this does not happen and the macroeconomic trend is for US Treasury yields to also flirt with negative rates, like the rest of the planet’s major economic unions, it shows the opposite of your view.