Lost in the news of the surging US stock market is the concurrent weakness of the US dollar. This week US Treasury Secretary Steven Mnuchin endorsed the dollar decline in Davos, sending it down further.
Ray Dalio, founder, chairman, and chief investment officer of the world's largest hedge fund, Bridgewater Associates, had this to say about the declining dollar:
Wow, that was an amazing "The Americans" season finale! 🇷🇺🇺🇸🇷🇺 Not sure how they'll top it next season! #HelsinkiSummit
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