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What happens if the world stops using the U.S. dollar as its reserve currency?

Is the U.S. Dollar’s reign over?

Key Points

  • Countries may want to move away from the U.S. dollar due to their dependence on the U.S., the need for diversification, and global economic shifts towards emerging economic powers.
  • If the world stops using the U.S. dollar as its reserve currency, it could potentially have significant impacts.
  • Investing in non-dollar-denominated assets can provide diversification benefits and potentially reduce the risk of a portfolio that is heavily concentrated in U.S. dollars.
  • Investors should carefully consider their investment objectives, risk tolerance, and other factors before making any investment decisions related to non-dollar-denominated assets.

Continue reading → What happens if the world stops using the U.S. dollar as its reserve currency?

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What could go wrong with trying to time the market?

Market Timing 101 (Part 1)

Key Points

  • The opportunity cost associated with the poor timing of initial investment allocations can be significant.
  • After missing out on a period of good performance some investors may be further compelled to employ additional timing measures that can further exacerbate under-performance.
  • Market timing, the tactical timing of when to be invested and when not to, although sensible at a high level, is far easier said than done.

Continue reading → What could go wrong with trying to time the market?

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Coronavirus: What Do We Know Now?

COVID-19: A Global Disaster Like No Other (Part 1)

Key Points

  • The CARES Act represents unprecedented stimulus spending on behalf of the U.S. Government. Act now, supplies are limited.
  • The curve is not yet flat, but it is flattening.
  • There is hope, and the stock market has already rebounded over 25% from its low this year. Even so, we’re not out of the woods just yet.

Continue reading → Coronavirus: What Do We Know Now?