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Goldman Sachs: The US dollar is now more volatile than the S&P 500, behaving more like a risk asset
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Jinse Finance reported that Goldman Sachs stated the US dollar is now more volatile than the S&P 500 index. This is a rare event, indicating that the US dollar is no longer a safe haven, but more like a risk asset. Policy uncertainty and fiscal concerns are driving the US dollar to be sold off alongside the US stock market, breaking its traditional inverse correlation.
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