The United States Dollar may continue to Decline due to US Equity outflows
The United States Dollar may continue to Decline due to US Equity outflows
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Brent Donnelly, President of Spectra Markets, talks about how the market has flipped from short bias the USD at the end of 2020 to long bias the USD at the end of 2021.
Overall, he can continue to see the US Dollar fall due to US equity market outflows. Brent has been bearish the “Crypto” space in recent months and is less bearish due to the levels we are at, and how the US Dollar may play a roll in this move as well. He is in “sell rally” mode and you have to listen in to understand why.
00:00 – Intro
01:30 – Still bearish Cryptos?
08:30 – CPI Data – US Dollar Selloff
19:40 – Which asset class to focus on in January 2022
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