Investing: 07/01/2022
“Several data released during this week pointed to a higher chance of recession in the United States. Theoretically, a weaker American economy tends to weaken the dollar. However, the current risk-off environment has strengthened this currency and increase the demand for safer assets, such as US Treasuries”, affirms Armor Capital chief economist, Andrea Damico.
Real increases 1.65% due to US recession fears and fiscal concerns
