Know Your Risk Podcast Brent Johnson - Santiago Capital
Jun 17, 2025
Brent Johnson, CEO of Santiago Capital and renowned for his dollar milkshake theory, shares his insights on the complexities of the dollar. He discusses the recent volatile journey of the dollar, its effects on global markets, and implications for emerging economies. The conversation emphasizes the importance of gold as a safe asset in uncertain times and examines how the COVID pandemic has transformed monetary policies. Brent also offers strategic investment insights, highlighting the need for adaptability amidst shifting economic dynamics.
AI Snips
Chapters
Transcript
Episode notes
Dollar as Global Economic Backbone
- The US dollar acts as the global economy's liquid backbone influencing everything else.
- Dollar movements signal global economic shifts, not just US-centric outcomes.
Dollar Nears Key Support Level
- The US dollar is near strong technical support around 96-97 on the DXY.
- Negative positioning and bearish sentiment set up potential for a short squeeze rally.
Dollar Rally and Rising Yields
- A dollar rally could coincide with rising long-term interest rates and bond sell-offs.
- Higher U.S. Treasury yields pose global challenges, tightening financing costs worldwide.