Movement in dollar is start of a secular change from structural overvaluation, says Ironsides' Knapp
CNBC Television·2026-01-29 20:11
Joining me now are Michael Gapen, chief US economist at Morgan Stanley and Barry Knap, director of research at Iron Size Macro. Um, it's great to have you both here and Barry, I'll start with you. Um, what's the significance around the Fed's action or non-action yesterday.And it does it have anything to this weird move in the dollar and some of the metals this morning. I don't know if that's Fed related or or um at this point if it's just highly volatile as a trade. Now, the dollar had a structural break wi ...