Dollar’s recent rally creating “untenable situation” for risk assets including stocks. In past this dollar strength led to financial/economic crisis.
John Paulson became a billionaire after his hedge fund effectively shorted $25 billion of mortgage securities at dawn of global financial crisis.
The closure of a $39 million fund will be the first and only liquidation of an American ETF for the Jack Bogle-founded firm since 2001.
Crypto analyst who called the end of crypto bull market is now predicting big bounces for Bitcoin (BTC) and Ethereum (ETH) challenger Solana (SOL).