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As shareholders’ wealth lost value, the dollar remained the only safe haven

A surging dollar is now the only possible hedge against what is shaping up to be the biggest destruction of shareholder value since the global financial crisis.

With global stocks already losing $23 trillion this year, the US currency’s inverse correlation with risk assets makes it the only option until at least 2022. end, according to Citigroup Inc. According to the Canadian Imperial Bank of Commerce, the dollar will continue to rise and Brow

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