Dedollarization

The stability and dominance of the US dollar, a cornerstone of the global economy, may be facing significant challenges, according to Morgan Stanley Wealth Management’s Chief Investment Officer Lisa Shalett. These emerging threats could have profound implications for the U.S. stock market....

China’s central bank has been consistently accumulating gold for 16 months, in a move that could potentially undermine the dominance of the U.S. dollar. What Happened: The People’s Bank of China added approximately 390,000 troy ounces of gold in February, bringing its total gold...