Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
So many hashtags because I have so little time to write this in the morning! But let’s get into contextualizing why getting The US Dollar right helps you get most big things in Global Macro right:
Yeah, if you’re measuring and mapping all of Global FX, every weekend, for the last 14 years, you know you’re getting towards the end of a big FX move when Sri Lanka’s currency can’t go up anymore vs. America’s devalued Dollar! |