MacroVoices #352 David Rosenberg: This Bear Market Has A Long Way To Go
Macro Voices
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Do You Think the US Dollar Is Going to Top Out?
Since that CPI print, we've seen a massive $175 rally in gold. Do you think that's going to continue? I'm of the view and having been a dollar bull that the dollar has topped out. Even with the Fed still raising rates, but I think they're getting towards the end of the rate-raising cycle. And those industry differentials will work against the US dollar.
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