Macro Strategy: Ghost of rallies past

  • The drag from this year’s dollar rise is no match for 2015, but equity earnings still at risk and lagged impact of strength still to feed through
  • Fed’s hint at tightening pause has likely halted the currency’s rise in the short term, but now this is all in the price
  • The key to whether USD falls next year is held by China

Economics

Politics

Markets

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We have a 29 year track record of successful calls. Many of these calls combined economic, political and market analysis.

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