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The Next Big Trade With Justin Smyth

Lead-Lag Live

00:00

The Emerging Markets Look Pretty Good, Right?

In September 2012, a lot of people thought that zero interest rate policy and QE meant hyperinflation was coming from what the Fed was doing. And to your point, it was the opposite. The dollar should strengthen. And my argument would be that it's because money flowed into the dollar because foreign investors saw that theFed was doing anything and everything to squash a volatility. That's more of a contrary intake, but I think it's worth considering just giving the price action.

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