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How the runaway US dollar could be a “wrecking ball” for private banks

By William Pesek , contributing editor | 15 July 2022 | 5 minutes read
Photo by engin akyurt on Unsplash

The first half of 2022 was about as bad as it gets for global investors. In fact, Goldman Sachs has pointed out that one has to go back to 1932 to match how the last six months has slammed conventional portfolios seeking to diversify risks across stocks and bonds. Yet there is something that could make the second half even…

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