Forget Talk of Dollar's Demise... THIS Should Be Your Greatest Worry in 2023 Warns Wall Street Titan
Manage episode 366070766 series 3378373
“The U.S. dollar is going to remain the reserve currency for the next several decades, as long as the Bill of Rights stays in place,” claims Joel Litman, president and CEO of Valens Research. He sees no imminent threat to the dollar because, “there’s no fiat currency that’s a good currency to invest in.” However, he believes this ongoing economic turmoil and geopolitical uncertainty could drag on for the next 24 months. “I think we’re still going to have the recession, and it’s not going to be pretty,” he warns. Finally, he shares what folks can do to navigate this choppy market.
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