US dollar strength over recent period has been supported by US equity market performance (particularly 'Seven Stocks' tech concentration), which recycled dollars back into US assets; if US equities decline or stop appreciating, this recycling mechanism breaks and dollars could outflow, creating deflationary shock.

causalpending

Speaker

Louis Vanden Eynde

Evidence Quote

the US Equity markets were the only game in town...so that money kept being recycled uh constantly into US assets

Source

From Wedlock to Deadlock: The East-West Divorce - with Brent Johnson and Louis GaveIn Gold We Trust [EN]
Created: 8/12/2026, 6:04:21 PM

My Notes

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