This is an excerpt from today's Early Look written by Hedgeye Senior Macro analyst Darius Dale:
"Last night I put together a 44-slide presentation regarding the recent persistent weakness in the U.S. dollar. We are keen to share with you its conclusions in the context of our mission to democratize buyside-quality investment research.
The key takeaway of our latest study is that rumors of King Dollar’s death have been greatly exaggerated. In fact, our deep-dive analysis suggest we are nearing both the time and price where it makes sense to back up the truck on the long side of the USD – especially vis-à-vis the EUR."
Below are the few of Dale's key takeaways from today's Early Look: