Vaccines & the US Dollar
How relative vaccine distribution and botched containment will fuel the dollar
I do not enjoy being in the consensus. Despite that, I have been a dollar bear for the past few months after years as a dollar bull. While I remain a medium/long term dollar bear (who isn’t) due to structural issues (for me mostly net oil imports and average inflation targeting) – I think we are in for a dollar rally for a few weeks or months. This coul…
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