Evidence of Strong Dollar Impact

Our first post in mid-August (Fed in a Box) recognized US dollar strength as a counter-weight to the Federal Reserve plan to initiate a series of rate increases. Our point was dollar strength had hurt corporate profits growth and cooled economic growth. The former was obvious when corporations reported quarterly earnings in the first half of 2015. The latter is increasingly evident. How? The Beige Book summarizes anecdotal information on current economic conditions in each of the 12 Federal Reserve Districts. It’s published eight times annually and contains around fifty pages of commentary. In the January report, the term “strong dollar” was referenced twice. In September’s report, “strong dollar” was uttered 14 times and in October, 15 times.

Emerging Markets weakness, spillover risk, a lack of inflation, and a strong US Dollar all combine to increase our confidence when the Fed can begin increasing rates, it will be a slow climb.

Contact Us

Thank you for your interest in Venturi Private Wealth. We would love to speak to you about our firm and how we can help. Please complete the form below and we’ll get right back to you.

Austin Team

OKC Team

Contact Form

Investment Management

Thank you for your interest in Venturi Private Wealth. We would love to speak to you about our firm and how we can help. Please complete the form below and we’ll get right back to you.

Services

  • Personal Trust Services
  • Charitable Trusts and Foundations
  • Fiduciary Investment Management
  • Estate Planning

Lorem Ipsum

Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat.

Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi.

Lorem ipsum dolor sit amet, cons ectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat.