Here’s why gold has been a disaster this year despite geopolitical instability and stock market volatility

Gold has been a store of wealth for thousands of years, and more recently the price of gold has tended to move inversely with stocks and the dollar, providing investors with some diversification in their portfolios. However, this year gold has so far failed to act as a buffer for investors against volatility in financial … Read more

Why the dollar’s rise raises questions – and doubts – about a Plaza-style intervention

The historical rise of the US dollar has alarmed investors and policy makers, raising questions, along with skepticism, about a 1985 “Plaza Agreement”-style intervention. The combination of persistent inflation and sluggish growth around the world, as well as the US central bank committed to aggressively raising interest rates, has turned the US currency into the … Read more