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S Suwandi
Bloomberg Television
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Comments by "S Suwandi" (@ssuwandi3240) on "Oil Likely to Fall to $100 by Fourth Quarter, CBA Says" video.
No. Dollar is high because the Fed is still stuck at QE. Yes at 3%+ highest rate ever the bonds market is still in the slump. Until more buyers would trigger the uptrends then no other element will stop dollar to weaken. When bonds get bought that means other currency demand will rise and deplete dollar reserve. The Feds don't seem to entice more bond buyers due to possibility of recession. So kind of catch 22 and the more possible to face longer period of recession.
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Well y'all were amiss today. He's right 😊
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