Don’t Say We Didn’t Warn You

The dollar is still the world’s premier reserve currency. But according to this article on Bloomberg, the trend isn’t looking good.

Because the dollar can ebb and flow—and so can the price of every other asset—it’s hard to see how investors are going to get around tactical allocation in the future. And if you admit the necessity of tactical allocation, you had better have a systematic framework to carry it out.

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