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Red Bull and Vodka Economy (guest: Harris Kupperman ‘Kuppy’)

The Market Huddle

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The Dollar Index Is a Meaningful Upper Boundary of the Dollar

There's nothing saying that this big dollar crash is going to just keep going. Right now with this dollar reversal at minimum, I think there's room for this to go to 107.108. And if the circumstances end up being right, maybe it goes even higher. That's going to be a drag on so many risk assets. Like, for instance, take that bottom in the dollar and then look at the high of gold. It literally is an inverse trade on the dollar. You're not trading in yen terms. There you go.

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