Odd Lots
One More Reason the Dollar Doom Loop Is So Hard to Break
And why the Fed might actually want a weaker currency.
LUBMIN, GERMANY - NOVEMBER 08: A man wearing a hard hat walks by the central facility where the Nord Stream Baltic Sea gas pipeline reaches western Europe following the pipeline's official inauguration on November 8, 2011 in Lubmin, Germany.
Photographer: Sean Gallup/Getty Images EuropeThis article is for subscribers only.
There’s oodles of research about what a strong dollar means for the rest of the world. Most of it is based on historical conditions of low inflation and fully-functioning global trade.
But with prices trending up and much of the world experiencing an energy crisis or other disruptions, normal conditions might not apply.