Retirees Have A Dollar Problem, Here's The Trade

Roberts Berzins, CFA 16.08K Followers Follow Summary A $40 trillion debt that is consuming 19% of the federal budget and set to expand has created turbulence in the bond markets. Rising yields might seem like the main causality. I would argue that a weakening dollar comes with just as painful headaches as yields do. In this article, I elaborate on the key consequences of a falling dollar for retirement income investors. I also share strategies to hedge and potentially profit from all this. Alicja Nowakowska/iStock via Getty Images There is no question that government debt and the fiscal deficit are a huge headache for both the Treasury Department and the market. The debate about excessive debt levels is nothing new. And whether the This article was written by Roberts Berzins, CFA 16.08K Followers Follow Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets. Analyst’s Disclosure: I/we have a beneficial long position in the shares of ENB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.