The past week has been a rollercoaster ride for the markets, with significant shifts and potential economic shocks looming on the horizon. From the unique advantage of the US in navigating economic shifts due to its dollar-denominated debt, to the escalating tariff war initiated by President Donald Trump, the economic landscape is rife with uncertainty. Here’s a quick recap of the top stories that shaped the week.
Dollar-Denominated Debt: A Privilege for US Policymakers
Amidst the ongoing market shifts, the U.S.’s unique position as the issuer of the world’s reserve currency provides it with a significant advantage. According to Bob Elliot, co-founder, CEO, and CIO of Unlimited and former investment committee member of Bridgewater Associates, the US can prioritize domestic economic …