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Ep. 924: Charles Goyette Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Punch Bowl Is No Longer in Our Hands

The rest of the world sort of understands where the dollar is headed and in many ways they are in the driver's seat. China, which had been the US's largest creditor, has now sunk to number two to Japan. They have unwound their holdings of US treasuries by somewhere between 25 and 30% in the last few years. The other game is when the punch bowl gets pulled away.

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