Dollar Depreciation Will Resume in 2026: 3-Minutes MLIV

Mark the dollar. I think we will resume the structural depreciation trend next year. I think there are potentially a number of factors, right, in that the most important is because of the Trump administration's pressure on the Fed.We know that the setting for monetary policy, wherever it's at, will be easier than Orthodox or Orthodox economics would recommend. And that is at a point when the rest of the world is coming, generally coming to the end of their easing cycles. I still think that the trade dynamic ...