Outerblue Convictions - Global Investment Views: Rally fatigue: dichotomy between markets and economy too wide
Outerblue
00:00
Emerging Markets - What Are Your Key Effects?
We do believe the US dollar is going to weaken. We have a target 115 versus the year just to mention one pair of effects. The risk here is that the Fed is more orchish on entrenched inflation and then higher rates will last forever. Then should the economic cycle deteriorate, usually this is when the US dollar tend to overperform leveraging on relying on its safe and nature. For the time being, given the overall economic picture, we do prefer to stay in the yen and in the Swiss franc that are playing nicely.
Play episode from 07:05
Transcript
