While Trump Pushes to ‘Make America Great Again’, the Dollar Sinks to 50-Year Low.
π Yes, USD hits a 50-year low β not in absolute price, but in its purchasing power globally. Why ?
πIt’s US exceptionalism basically falling by the wayside and and the rest of the world playing catch-up:- said Erik Nelso macro strategist at Wells Fargo, predicting continued dollar depreciation as other global economies catch up.