The United States' economic situation has improved much more than expected in recent months, which is why we see its currency continue to rise quite strongly in recent months compared to many other currencies. Europe is not having a good financial moment compared to the United States. As we well know, the crisis has dramatically affected exports, which has caused the safe-haven currency, the American dollar, to rise even more sharply.
But it’s not just the European currency (the euro) that has fallen; currencies like the ruble have fallen dramatically due to European sanctions and the sharp drop in oil prices, which has helped the United States buy more at a lower price.
Let’s remember that the United States is one of the countries that imports the most products worldwide after the European Union. But we don’t only see how the economy in Europe has been affected; countries like Venezuela continue to devalue their currency and control the exchange rate of their bolivars, something that has not helped the country recover like the strategy Japan has or the one the United States has had in the past.
As we discussed a few years ago at http://www.economiayfinanzas.es/economia-2/la-situacion-economica-de-estados-unidos , we see that the United States is recovering economically, but this may be temporary. In the coming years, we will see how it prepares for a new crisis or, above all, how it can maintain its strong economy.
For now, we see the American stock market at unexpected highs, and at no point do we find any indication of a downward trend among major American companies, which have the obligation to continue to lift their country up.
Investing in the United States can be a good idea, but as long as we think ahead, we shouldn’t be swayed by the first investment offer we see. We should think with our heads, look a little further ahead, and ultimately make the best decision by consulting a financial advisor or researching several reliable sources.
