DNY59
Since I wrote a column here on euro/dollar parity ("Euro/Dollar Parity is In the Cards") 11 weeks ago, the euro has dropped more than six cents. That may not seem like a lot to the untrained eye, but at this
A Euro Deep Below Dollar Parity Is Now Likely
Summary
- The EU – and the U.S., for that matter – are placing more energy sanctions on the Russian Federation, but it looks like they are self-defeating in nature.
- U.S. stocks have long ago traded below their March lows, but the initial DAX decline was much deeper and quite a bit more serious compared with anything we experienced in the U.S.
- Regulation is coming to the crypto universe, which will surely address leverage and all kinds of related problems that are plaguing Crypto World.
Ivan Martchev is an investment strategist with Navellier Private Client Group. Previously, Ivan served as editorial director at InvestorPlace Media. Ivan was editor of Louis Rukeyser's Mutual Funds Newsletter and associate editor of Personal Finance Newsletter. Ivan is also co-author of The Silk Road to Riches (Financial Times Press). The book provided analysis of geopolitical issues and investment strategy in natural resources and emerging markets with an emphasis on Asia. The book also correctly predicted the collapse in the U.S. real estate market, the rise of precious metals, and the resulting increased investor interest in emerging markets. Ivan’s commentaries have been published by MSNBC, The Motley Fool and others. Currently Ivan is a weekly editor of Navellier’s Market Mail and a contributor to Marketwatch.