Play it safe or not play it safe

Although many of our holdings' share prices have fallen recently, the value of our portfolios is still near an ATH. This is only due to the weak Swedish krona in combination with the strong US dollar. One of the reasons for the strong US dollar is Russia's invasion of Ukraine which has contributed to a huge rise in the US dollar in the world market.

However, according to Bloomberg's dollar index, the US dollar is now falling in value internationally. How deep the expected fall for the US dollar will be depends, among other things, on how the economies of both Europe and China develop. Add to that an expectation that FedEx's current policy interest rate will remain at today's value for a longer period of time.

For the American economy, a fall in the dollar would be positive. The expensive exchange rate causes many international buyers to avoid American products and services such as software services, food, steel and so on.

Whether the Swedish krona strengthens or follows the expected decline of the US dollar remains to be seen. Because of all the uncertainty, I feel like I might as well flip a coin.