12 replies to this topic

[linrom1]

Billionaire investor Stanley Druckenmiller is betting against the US dollar as his only high-conviction trade in what he believes is the most uncertain environment for markets and the global economy in his 45-year career. Druckenmiller, who as George Soros’s right-hand man helped break the Bank of England in an assault on the pound in 1992, said he felt confident taking a negative position against the greenback because of his dim view of US policymaking.

 

https://www.ft.com/c...1e-c95f1598eecc

[linrom1]

Has it topped at 104?

Edited by linrom1, 23 August 2023 - 09:55 AM.

[linrom1]

Luke Gromen

 

@LukeGromen 9h

Replying to @mrnome201 @SantiagoAuFund and 2 others

Yes. Global capital call. Been writing about it for some time w/clients. But UST is the only one that matters, b/c once UST yields threaten US banks or to de-fund the US DoD, the Fed (or Treasury) prints. Every time.

Edited by linrom1, 06 September 2023 - 12:12 AM.