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The strong US dollar is hurting the global economy

From cnn.com

{video} The world economy is slowing. In past recessions, fast-growing emerging markets have helped bail out the global economy. But there's one thing standing in the way of history repeating itself this time: the strong US dollar. As global growth slows and the United States' economy shows signs of weakness, investors are looking for places where their money will grow. Emerging markets, such as South Korea, Brazil or India, are riskier to invest in but often grow faster than developed nations like Germany or the US. They also tend to be export-driven and often tied to commodity price moves. In the recession ... (full story)

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  • Category: Fundamental Analysis