Market Matters from New York Life Investments
Hosts Lauren Goodwin and Julia Hermann bring a fresh look at what matters for the economy, markets, and a multi-asset portfolio. Tune in for a weekly dose of what’s driving portfolio decision-making at New York Life Investments.
Market Matters from New York Life Investments
Debunking De-Dollarization, Part 2: Can China Build a Reserve Currency? (April 24, 2023)
Two currencies sit at the center of the de-dollarization narrative: the USD, and the Chinese Renminbi. Lauren Goodwin and Julia Hermann discuss what exactly it takes for a country to build a reserve currency, and why they do not see the Renminbi as a credible competitor to the Dollar on a multi-decade timeline.