📌 Want to learn why we need a weaker dollar?
Go to @RealVision and watch macro legends like @RaoulGMI @BittelJulien @AndreasSteno & @Jamie1Coutts discuss this in detail all the time.
My favorites?
1) Raoul Pal & Julien Bittel's latest update https://t.co/is3sdx4ToD
2) An
📌 Want to learn why we need a weaker dollar? Go to @RealVision and watch macro legends like @RaoulGMI @BittelJulien @AndreasSteno & @Jamie1Coutts discuss this in detail all the time. My favorites? 1) Raoul Pal & Julien Bittel's latest update https://t.co/is3sdx4ToD 2) An
The goal?
A weaker dollar to unlock a global liquidity boom.
Weaker dollar =
• Cheaper debt
• Higher risk appetite
• Surging EMs
• Rising crypto
• Exploding asset prices
It’s the start of a reflexive loop.
It’s a controlled global reset.
A weaker dollar to unlock a global liquidity boom.
Weaker dollar =
• Cheaper debt
• Higher risk appetite
• Surging EMs
• Rising crypto
• Exploding asset prices
It’s the start of a reflexive loop.
It’s a controlled global reset.
Paul Guerra • Tweet
Why does this happen?
Because a weaker dollar eases financial conditions.
Less pressure on global liquidity = more fuel for risk assets.
Because a weaker dollar eases financial conditions.
Less pressure on global liquidity = more fuel for risk assets.
Real Vision • Tweet
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Is the Dollar Doomed?
Nope
Michael Howell
May 5
∙
Preview
READ IN APP
The US dollar isn’t doomed. Rather it is undergoing a cyclical pullback after a prolonged bull market, driven by temporary factors like the slowing economy, fiscal tightening and Fed easing (debt ceiling constraints), and political uncertai... See more
Is the Dollar Doomed?
Nope
Michael Howell
May 5
∙
Preview
READ IN APP
The US dollar isn’t doomed. Rather it is undergoing a cyclical pullback after a prolonged bull market, driven by temporary factors like the slowing economy, fiscal tightening and Fed easing (debt ceiling constraints), and political uncertai... See more
Is the Dollar Doomed?
In our view, Trump 2.0 wants a strong US dollar because it helps on-going tariff negotiations and the President’s demand that more firms produce in the US homeland. The Fed/ Treasury may be party to these ploys, and this may explain both the Fed’s reticence about future QE and the Treasury’s reluctance to use the TGA, which in the past has been emp... See more
Michael Howell • US Fed QE Needs to Restart Fast
The orange line could occur if a lot of private European and Japanese investors buy un-hedged Treasuries in a risk-off move, which would delay the need for increased U.S. debt monetization by the Federal Reserve. Either way, I expect down for the dollar in the multi-year long run, but the path to get there has these two main outcomes, in my view.
Th
... See more