2min chapter

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#38: Danielle DiMartino Booth On The Future Of The Federal Reserve

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Dollar's Down Move Is a Sense of a Bigger Move

The dollar has gone down what is it, 10% or something. We've seen dollar bear markets where it goes down 30, 40%. I guess, are you suggesting that this down move is kind of a hint of a bigger move we could see if they did pursue yield curve control in an inflationary or stagflationary type of environment? Yes, we certainly could. And I have to be... I am immediate term, fairly dollar bullish right now. But that's just me looking at crowds. There's way too many dollar shorts right now, absolutely.

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