The dollar was previously a shelter currency where it would appreciate 5% when equities fell 15%, providing a hedge for foreign investors; now the dollar falls with equities, creating a reflexive negative feedback loop where lower equities trigger dollar weakness triggering more capital outflows.
causalpending
Speaker
Louie VivianoEvidence Quote
“for years and years, the US dollar was a sort of haven in the storm. it was uh a shelter currency. So that if something bad happened and equities, let's say went down 15%. The US dollar would typically go up 5%.”
Source
Louis-Vincent Gave: The Dollar’s Breaking? China’s Winning? The End of U.S. Dominance?— WealthionCreated: 8/11/2026, 6:49:36 AM
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