The Implications of Jared's View for US Dollar Versus the British Pound

Jared: The dollar is going to get a lot weaker. If the Fed has basically stopped and they're going to start cutting rates over the next six to nine months, then the dollar has a long way to go on the downside. I have sold pretty much everything at this point. And if you were to make a shopping list of stuff you wanted to buy, S&P gets down to 4,100 will be more attractive entry point.