Bracing for 'Liberation Day', and the Dizzying Decline of the Dollar
The Investopedia Express with Caleb Silver
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Show Notes
Investors have been bracing for, and selling ahead of April 2nd, dubbed "Liberation Day", by The White House, when hundreds of billions of dollars in tariffs are set to be imposed on Canada, Mexico and China. That has driven consumer and investor sentiment down to multi-year lows as we ready ourselves for more inflation and profit pressure. Meanwhile, the rise of a new coalition of autocracies called the CRINK's has been very busy doing business with one another in Russia, China, Iran and North Korea, and they are doing it without the Dollar. What a declining greenback means for the strength of the U.S. economy as it enters a new era of protectionism.
LINKS for show notes:
https://www.investopedia.com/terms/p/protectionism.asp
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11704419
https://www.youtube.com/watch?v=lnG2EvqRKbA
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