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Warren Buffett Expresses Disappointment Over Dollar Depreciation: Don't Want To Own Assets In A Currency That Is 'Really Going To Hell'
Tuesday, May 6, 2025 - 7:39am | 563The Oracle of Omaha, Warren Buffett, during the 2025 Berkshire Hathaway Annual Meeting, expressed his disappointment over the depreciating U.S. dollar and said that no one would want to hold assets in a currency that was falling in value. What Happened: Talking about the U.S. dollar, Buffett said...
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US Dollar Depreciation Is Cushioning 'The Impact Of Tariffs On Corporate Profits,' Says Expert
Tuesday, May 6, 2025 - 2:08am | 505As the U.S. dollar is trading 8.02% lower year-to-date, this expert believes that the dollar depreciation is fueling the “powerful tailwind for multinational earnings.” What Happened: According to Jeremy Siegel, a senior economist at WisdomTree, the U.S. dollar’s significant...
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Key Trump Adviser's Attempt To Reassure Investors Amid Market Turmoil Draws Criticism As Some Say He Was 'Out Of His Depth': 'When You're With An Audience That Knows A Lot...'
Wednesday, April 30, 2025 - 7:07am | 658The chief economic adviser to President Donald Trump, Stephen Miran, reportedly struggled to reassure major bond and hedge fund investors during a meeting last week. What Happened: Miran, who also heads the Council of Economic Advisers, met with representatives from top hedge funds and other...
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Dollar Slips To A Three-Year Low Below 98-Mark: 'Higher Rates Are Not Supporting The Dollar,' Says Expert
Monday, April 21, 2025 - 8:17am | 916The U.S. Dollar Index Spot slipped below 98 points for the first time in over three years on Monday, while the 10-year Treasury yields were steady around 4.35%. Experts describe this divergence as the measure of stress in markets." What Happened: The U.S. Dollar Index slipped 1.20% to 98.211 during...
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US Stock Futures, Nikkei Slip Amid Fresh Nvidia Headwinds: Dollar Continues To Lose Steam
Tuesday, April 15, 2025 - 10:19pm | 364U.S. stock futures slipped Tuesday night, amid fresh tariff-related uncertainties and headwinds for semiconductors spooking tech stocks, as investors await crucial retail sales data and more prominent earnings this week. The S&P 500 Futures are down 0.88%, trading at 5,380, followed by the tech...
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Peter Schiff Counters Claims China Won't Sell US Treasuries Fearing Strong Currency, But A Strong Yuan Might Suit Beijing
Tuesday, April 15, 2025 - 2:13am | 668On Monday, economist Peter Schiff provided a counter-narrative to the claim that China won't sell U.S. Treasuries. What Happened: In a short post on X, Schiff challenged claims that China “won’t sell [U.S.] treasuries as doing so would strengthen the Yuan,” resulting in further...
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Short The Dollar, Back The Yen: Analyst Offers Strategy As 'Breadth Of Tariffs Increase Recession Risks'
Monday, April 7, 2025 - 11:07am | 468JPMorgan's Meera Chandan is doubling down on the dollar's downfall and placing a bullish bet on the Japanese yen. What Happened: President Donald Trump's reciprocal tariffs plunge stocks into the red, there are growing concerns that a recession is possible. “The breadth and size of tariffs...
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Gold Nears $3,060 As Stocks, Bonds And Bitcoin Slide—Peter Schiff Says This 'Record High' Is Due To Eroding Dollar Confidence And Rising Inflation Fears
Thursday, March 27, 2025 - 8:20am | 547Gold has reached another record high, and renowned economist Peter Schiff attributes this to declining trust in the U.S. dollar and the certainty of inflation exceeding 2%. What Happened: On Thursday, Schiff, a well-known critic of U.S. monetary policy and an advocate for gold, took to X...
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Bitcoin To Hit $250K By End Of 2025 Tim Draper Predicts: 'Will Be The Dominant Currency Of The World'
Thursday, March 13, 2025 - 4:41pm | 591Venture capitalist Tim Draper is well known for his Bitcoin (CRYPTO: BTC) price predictions over the years. In a new interview, Draper is sticking with a price target of $250,000 for the leading cryptocurrency. What Happened: Draper is best known for his 2014 prediction that Bitcoin would reach a...
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US Dollar Weakness A 'Symptom Not Cause,' Argues Expert As Economist Hails Devaluation To 'Restore Global Growth'
Thursday, March 6, 2025 - 6:18am | 787As the U.S. dollar witnessed its largest two-day decline in over two years, an economist argues the importance of devaluation for global growth while another expert explains the weakness to as a symptom and not a cause. What Happened: The macro strategist at Crescat Capital, Otavio Costa...
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Robert Kiyosaki Forecasts Global Financial Meltdown, Recommends Bitcoin As Safe Haven: 'Buy Bitcoin, Gold and Silver'
Saturday, March 1, 2025 - 4:30pm | 563Author Robert Kiyosaki has raised an alarm about the potential collapse of the world’s financial system, advocating Bitcoin (CRYPTO: BTC) as a possible safeguard against the impending crisis. What Happened: Kiyosaki, best known for his finance book “Rich Dad Poor Dad,” has...
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Dollar Dips As Fed Holds Line, But JPMorgan Says Floor Is Near
Monday, February 24, 2025 - 2:37pm | 472The U.S. dollar’s recent slide has less to do with trade and more with the Fed’s indifference to rising inflation expectations, according to JPMorgan analyst Meera Chandan. The sharp drop in U.S. real yields, fueled by the Fed's hands-off approach, has pushed the greenback lower....
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Betting On The Greenback: Dollar Trajectory Remains Strong, These ETFs Could Win Big
Friday, February 7, 2025 - 2:09pm | 776The U.S. dollar’s trajectory is strong, although Invesco DB US Dollar Index Bullish Fund (NYSE:UUP) has dipped about 0.8% so far this year. Several indicators suggest that the greenback could remain resilient in the near term, and several ETFs may benefit from this trend: WisdomTree...
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Market Bets On Trump's Tariff Announcement Plummet, Dollar Falls: What's Going On?
Monday, January 20, 2025 - 11:23am | 725Just hours before Donald Trump takes the oath of office for his second term, markets are dialing back expectations for an immediate tariff announcement. Market odds on Trump enacting new tariffs before Thursday have plunged to just 16% by 9:20 a.m. ET, according to CFTC-regulated prediction...
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5 Things Investors Need To Know About Scott Bessent's Economic Policies As He Faces Senate Grilling For Treasury Job
Thursday, January 16, 2025 - 5:27pm | 1240Scott Bessent, Donald Trump's nominee for Treasury Secretary, faced sharp questioning in his Senate confirmation hearing Thursday, defending the administration's economic agenda on tariffs, tax policy, government spending, and U.S. global competitiveness. Markets took note as Bessent outlined a...