The Dollar Index Is Trending Down

The dollar is trending down. The dollar is weak. So that's good news for the emerging markets who are in the debt trap. But I just want to keep a sharp eye on the dollar because the dollar is clearly using brand appeal and is clearly using market share, both in the trade and the reserves. If Fed had raised interest rates for a year and yet bank deposits had only gone down by $500 billion, very general slope. Well, if he backs off and starts doing QE, you could see the US dollar become a race globally with people from domestic backgrounds rather than global backgrounds.