Goldman Asks: What’s So Special About The Dollar, Anyway?

By now, the previously "contrarian" view that beaten down ex-U.S. assets are set to "converge" with U.S. stocks has morphed into a consensus trade or, if it's not quite a consensus "trade", it's certainly a narrative that's on the tip of market participants' tongues. Whispers of a convergence between U.S. stocks and the rest of the world began last month and over the past couple of sessions, those whispers morphed into a veritable cacophony as EM equities put up their best week of the year vers

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today for as little as $7/month

View subscription options

Or try one month for FREE with a trial plan

Already have an account? log in

One thought on “Goldman Asks: What’s So Special About The Dollar, Anyway?”

There are enough pending defaults in India, Philippines, etc. that coupled with papered over defacto defaults in China it is hard to see the scenario dependent required growth emerging without better leadership in every dimension and every locale.