
MacroVoices #345 Daniel Lacalle: The Situation in Europe is Worse Than You Think
Macro Voices
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The US Dollar Index Just Taken a Parabolic Turn Up
In investment grade you're starting to see good opportunities in companies that have good cash flows and strong balance sheets. I think what we need to do is to invest in those segments that are least exposed to the monetary laughing gas that we have seen in the past. There's a certain level I'm not sure where it is 120 125 where the US dollar completely breaks the entire global economy am I right to think that there is a level where if the US dollar gets to a certain level it is going to completely break the economy? Daniel: We should keep a close eye on this because if it doesn't blow off and particularly if it goes over 120 which was the high from I forget how many years
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