Prospects of Dollar Depreciation in the COVID Recovery & Impact on Asset Classes

February 17, 2021 | Ben Mohr, CFA, Director of Fixed Income, Managing Partner, Colleen Flannery, Research Analyst, Evan Frazier, CAIA, Research Analyst, U.S. Equities, David Hernandez, CFA, Senior Research Analyst, Non-U.S. Equities

As vaccine distribution continues in full force and the global economy’s recovery from the COVID pandemic gains momentum, investors are concerned about depreciation of the U.S. dollar and how this phenomenon might affect various asset classes within a portfolio.

In this paper, we examine the mechanics of dollar depreciation and its subsequent impact on traditional asset classes. We begin by exploring the macroeconomic factors that drive dollar strength or weakness and then examine the impact of dollar depreciation on the fixed income, U.S. equities, and non-U.S. equities asset classes both by covering the potential effects of a stronger or weaker dollar and by assessing historical performance.

Read > Prospects of Dollar Depreciation in the COVID Recovery & Impact on Asset Classes

 

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

 

Ben Mohr, CFA
Director of Fixed Income, Managing Partner

Get to Know Ben

Colleen Flannery
Research Analyst

Get to Know Colleen

Evan Frazier, CAIA
Research Analyst, U.S. Equities

Get to Know Evan

David Hernandez, CFA
Senior Research Analyst, Non-U.S. Equities

Get to Know David

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