The Dollar Narrative Has Turned
Months ago, the financial headlines were littered with stern warnings that the dollar was depreciating rapidly. There was a popular narrative drawing fear that a dollar demise was imminent. A few short months later, the dollar narrative has flipped. According to today's headlines and narratives, the tide has turned for the dollar. To wit: we saw a popular financial pundit claiming that the strengthening dollar was "steamrolling" the world. With this new bullish dollar narrative, let's explore how a strengthening dollar affects the US economy and foreign economies. For the US, a stronger…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.