On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Brent Johnson of Santiago Capital for a discussion on the U.S Dollar. Known for his popular Dollar Milkshake Theory, Brent shares his thoughts on the recent pain a rallying U.S Dollar is inflicting on the global economy.
As emerging markets scramble for dollars to pay dollar denominated debt, financial conditions tighten, markets sell off and recession looms the dollar black hole begins sucking in capital. Just how will this end for balance sheets globally? To find out, you'll have to tune in!
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Referenced In The Show:
Total credit to non-bank borrowers by currency of denomination: U.S Dollar https://stats.bis.org/statx/srs/table/e2?m=USD&f=pdf
ECB Is Discussing Crisis Strategy as Well as Pandemic Program Reinvestments: https://www.bloomberg.com/news/articles/2022-06-15/ecb-is-discussing-cri...
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Timestamps:
00:00 Introduction
00:41 The Dollar Milkshake
05:57 U.S Dollar Denominated Debt
14:00 Rising Dollar, Gold, Equities & Rates
18:50 The Dollar Black Hole
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Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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