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Dollar bears looking for that Goldilocks scenario on the US economy

Dollar bears looking for that Goldilocks scenario on the US economy
If there's one takeaway from yesterday, it is that bad news is still good news for stocks. That so long as it is not bad enough to warrant a profound economic slowdown, and that also means bad news for the dollar.In other words, dollar bears are betting on a soft landing scenario - where the economy runs rugged and we do get a slowdown in the months ahead. But just as long as it isn't one that leads to a deeper recession and/or stagflation, and also avoiding the risks of some other part of the e... Read More
Posted: Aug 30 2023, 05:15
Author Name: forexlive
Views: 092015

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