Sunday 19th of September 2021

all new aspirational prosperity .....

 

aspirational prosperity .....

US dollar plunges...

The frenzied selling began early in the day in Europe, never let up, and reached across the Atlantic as traders concluded that the lower borrowing costs the Fed introduced on Tuesday would dampen the appeal of dollar-denominated assets like stocks, bonds and real estate just as other central banks are raising rates to create the opposite effect.

see cartoon above...