Why is the dollar important?

The dollar is important because it is the world's reserve currency. This means that most countries around the world hold dollars in their foreign exchange reserves. The U.S. also uses the dollar to buy things from other countries or pay for things in other countries. When people talk about the "strength" or "weakness" of the dollar, they are talking about how much it will cost for people to buy things from other countries or how much it will cost for other countries to buy things from the U.S. Read from source...

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Bullish

Reasoning:
- Investors are advised to consider emerging markets, other developed markets, currencies when appropriate, gold, commodities, and commodity producers including metal producers as a way to protect their wealth.
- The Arora Report is known for its accurate calls, and provides insights and alerts for smarter investing.
- Probability-based risk-reward adjusted for inflation does not favor long duration strategic bond allocation at this time, according to The Arora Report.
- The traditional 60/40 portfolio may be adjusted to focus on high-quality bonds and bonds of five-year duration or less.