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April 18, 2020 | Drivers For a Multi-Year Decline in the US Dollar into Focus

Jack has over 20 years experience in the currency, equity, and futures arena. He is an investment advisor who has held key positions in brokerage, money management, trading, and research. Jack is founder and president of Black Swan Capital LLC. He was also founder of Ross International Asset Management (specializing in global stock, bond, and currency asset management for retail clients) and General Manager of Plexus Trading (specializing in currency futures and commodities trading).

I just wanted to comment a bit more on our current macro theme as it relates to credit markets and its impact on the longer-term dollar path.

As you know I’ve been suggesting it is the credit market that is key to the US dollar’s path at least intermediate-term (months) and is likely the trigger for a powerful leg down in the buck if key assumptions and guesses prove correct. In short, if credit markets muddle through, thanks to CB and government largess (morphed into “we will do whatever it takes” from the US Fed),
the dollar most likely falls from here.

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April 18th, 2020

Posted In: Black Swan Currency Currents

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