You Have Questions, I Have Answers
By John Mauldin
- You’ve been predicting the euro would go to parity with the dollar for quite a long time. This week, Draghi took interest rates even further negative and extended their rather aggressive QE. Instead of falling, the euro went higher. Do you still think we’ll see parity? Or is the market telling us something?
- How low can European rates go?
- The Chinese renminbi has been accepted into the IMF’s SDR (Special Drawing Rights) basket. How long will it be before China’s currency replaces the US dollar as the world’s reserve currency?
- Will the Federal Reserve raise interest rates in December?