US Dollar Drama
Channel: Versant Capital Management
Date: 11/04/2023

The media is abuzz about deals involving foreign countries supplanting the US dollar in local trade and commodity deals. Also mixed in are pieces about an imminent catastrophic decline in the value of the dollar, in light of the recent banking crisis or the impending debt ceiling deadline. 

What are the material considerations regarding the dollar, and how should we frame our thinking around these recent developments? Do we think it will cost the dollar its preeminent global reserve currency status? The short answer: No. Although the dollar problems are real, they are much are longer-term in nature.

Tom Connelly, President and Chief investment officer at Versant Capital Management, addresses these points. 

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