Fidelity's Rossi: dollar bear market is complete

Laura Miller
clock

The dollar bear market witnessed over the past ten years is finally over, according to Fidelity's chief investment officer Dominic Rossi.

Speaking at an event in London on Wednesday, Rossi (pictured) said the fiscal situation in the US is "beginning to show signs of improvement". "The dollar is no longer falling. The fiscal position is improving relatively fast." The stabilisation of the US currency will put commodity prices under pressure and lay the basis for a re-rating of equities of the kind unseen for the last ten years, he said. Rossi added he expects the recent improvement in the US' trade picture to continue due to the exploitation of the country's shale gas deposits, and said he is generally bullish on the US....

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Decoding the conflicting investment advice of Warren Buffett

Decoding the conflicting investment advice of Warren Buffett

'He leaves us with a wealth of opinion and information about markets and investing'

Laith Khalaf
clock 09 December 2025 • 5 min read
Private assets in wealth management: The time for talking is over

Private assets in wealth management: The time for talking is over

'The first barrier to adoption is accessibility through existing infrastructure'

Russell Andrews
clock 08 December 2025 • 4 min read
China: Beyond trade tensions and tariffs

China: Beyond trade tensions and tariffs

'So what do you think about China?'

Gabriel Sacks
clock 05 December 2025 • 4 min read