What is the Only Major Currency to be Higher vs the USD Over the Last Year? [CHART]
It’s common knowledge that the US dollar has been strong versus virtually every other currency over the last year. That is every other currency except the Japanese yen…the currency of the central bank that is printing money at the fastest rate in the world. It appears, money printing or not, that the yen is still a trusty safe haven.
Inflation has been a big focus of Wall Street in recent months, and it won't go away any time soon. But where do we stand with inflation? Has it peaked, or will it continue higher? Q2 2021 hedge fund letters, conferences and more Nic Johnson of PIMCO, Catherine LeGraw of GMO, and Evan Rudy of Read More