Expect A Market Correction By September

Amidst the new U.S. Administration's hardball trade tactics, critics claim that foreigners are ramping up their de-dollarization efforts, buying less U.S. debt, and that the days of the dollar as the dominant world reserve currency are ending.

Ipad, Online, Tablet, Internet, Screen, Digital

Image Source: Pixabay


The dollar has weakened considerably so far this year.

Amidst the new U.S. Administration's hardball trade tactics, critics claim that foreigners are ramping up their de-dollarization efforts, buying less U.S. debt, and that the days of the dollar as the dominant world reserve currency are ending.

How much truth, if any, underlies this?

For answers, we're fortunate to welcome back to the program  Brent Johnson, CEO & Portfolio Manager at Santiago Capital, developer of the Dollar Milkshake Theory.

Brent thinks the dollar has become quite oversold, so don't be surprised to see it rally.

Also, he thinks it's more likely than not that a stock market correction will happen by September.

Video Length 01:35:37


More By This Author:

The "T-Bill & Chill" Era Is Ending. What Should Investors Do Next?
Dangerously Rosy Earnings Estimates Will Plunge Stocks When They Adjust
The "Big Money" Still Lies Ahead

STOCKS IN THIS ARTICLE

Also Mentions:

Comments