Go through enough storms and you see the dangers of the complacency you describe. I think about how much of a drawdown I can endure. If the market does what it usually does it will be painful but survivable. It is the potential for the dollar to no longer be supreme in the world that troubles me. Maybe it doesn't matter, most companies are heavily international but this is the part of money I understand least.
You’re right Deidre - complacency is dangerous. Reserve currency shifts, like a potential decline of the dollar’s supremacy, happen slowly and structurally, not overnight. Most global companies are already diversified, but staying informed on how currency changes affect capital flows is key. Surviving markets isn’t just enduring pain - it’s anticipating change.
Go through enough storms and you see the dangers of the complacency you describe. I think about how much of a drawdown I can endure. If the market does what it usually does it will be painful but survivable. It is the potential for the dollar to no longer be supreme in the world that troubles me. Maybe it doesn't matter, most companies are heavily international but this is the part of money I understand least.
You’re right Deidre - complacency is dangerous. Reserve currency shifts, like a potential decline of the dollar’s supremacy, happen slowly and structurally, not overnight. Most global companies are already diversified, but staying informed on how currency changes affect capital flows is key. Surviving markets isn’t just enduring pain - it’s anticipating change.