U.S. Dollar Hits 20-Year High as Investors Sell Stocks. Why It’s Not Good News. - Barron's


6/13/2022 12:00:00 AM2 years 10 months ago
by Jack Denton

The dollar’s stunning recent rise comes amid the highest inflation in 40 years and surging U.S. bond yields, which support the value of the greenback.

Theres at least one asset rising to multi-decade highs as stocks head into a bear market and cryptocurrencies hit their lowest levels in 18 months: Cold hard cash. The U.S. Dollar Index, which measu… [+239 chars]

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