Some Unpleasant Monetarist Arithmetic (guest: Jim Leitner)
The Market Huddle
00:00
Currency Volatilty
The economy is for a rough ride over the next 18 months, says Jim Boulden. The Fed will stop reducing its balance sheet at that point, but we'll have to wait and see how high interest rates can go in the U.S., he adds. "I've started buying currencies that have high commodity exports from countries with high commodity exports," writes Boulden of Brazil's economic potential.
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