Are people concerned that they could lose all their gains, and some, if the dollar weakens.
The dollar is relatively strong at the moment but I can’t see this lasting:
Debt is spiralling out of control.
Inflation is rising.
And as I’ve said before China will overtake US gdp in the next decade. China can start demanding payments in Yuan. China has more than double US gold reserves.
Belt and road initiative has begun.
This is why is am very sceptical of US stocks…I feel the pound won’t take as much a hit where as the replacement of top dog china will have a more profound shake up on the US.
Let me know your thoughts.