Why U.S. stocks are rising — even amid trade turbulence
Despite trade tensions and uncertainty, U.S. equities are holding strong. Why?
- A weakening dollar is the hidden driver — boosting the value of foreign earnings and lifting valuations for U.S.-based multinationals
- Interestingly, tariffs were expected to strengthen the dollar. Instead, capital flight triggered a currency dip, defying conventional wisdom.
- A cheaper dollar isn’t just good for earnings — it’s also making U.S. exports more competitive, adding further upside.
In a volatile world, currency shifts may matter more than policy headlines.
Source: https://www.deloitte.com/us/en/insights/topics/economy/global-economic-outlook/weekly-update.html
