Golden Finance reports that Goldman Sachs has indicated that the volatility of the US dollar has exceeded that of the S&P 500 index. This rare phenomenon shows that the dollar is shifting from traditional safe-haven assets to risk assets. Policy uncertainty and fiscal concerns have led to a simultaneous decline of the dollar and US stocks, breaking the previous inverse correlation.
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Goldman Sachs: The volatility of the US dollar exceeds that of the S&P 500 and is losing its safe-haven properties.
Golden Finance reports that Goldman Sachs has indicated that the volatility of the US dollar has exceeded that of the S&P 500 index. This rare phenomenon shows that the dollar is shifting from traditional safe-haven assets to risk assets. Policy uncertainty and fiscal concerns have led to a simultaneous decline of the dollar and US stocks, breaking the previous inverse correlation.