Posted November 29, 2022
By Matt Insley
The USD Weakens
“Today, I want to show you how a shift in one chart can lead to retirement income for you,” says Paradigm’s retirement-and-income expert Zach Scheidt.
The following chart “is a picture of the U.S. dollar compared to a basket of other international currencies…
Source: The Rich Retirement Letter
“As you can see, the dollar has been trending higher for much of the year,” Zach notes. “That’s largely because the Fed has been hiking interest rates, which means foreign investors can get better yields for dollar-denominated investments.
“And while this trend has been in place for several quarters, we’re now seeing a major shift,” he says. “The U.S. dollar… is weakening compared to other currencies like the euro, the British pound or the Japanese yen.
“The trend has a major effect on American businesses…
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