MacroVoices #338 Brent Johnson: Why You Can’t Ignore The US Dollar
Macro Voices
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Uros at 99
Brent Jones: The odds that are stacked against the urea right now are really rather a, i guess, immense is the best word i can come up with. He says it's important to be clear on the subject of absolute versus relative performance when we talk about currency indices like the dollar index. Jones: In most transactions, in most asset prices traded around the world, the dollar is the denominator and the price is then the numerator. It has the potential to be a daiy chain.
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