the long WP markdown article
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A major Australian pension fund is quietly adjusting its strategy by increasing hedges on US assets as the dollar faces headwinds. What does this mean for global investors, and is a weaker USD inevitable? Read on to find out...
Financial market analysis from 28/01/2026. Market conditions may have changed since publication.
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In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the market will do, one must follow a value philosophy at all times.
— Seth Klarman
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