The dollar has made lower highs in secular decline despite recent strength, showing that even periods of dollar strength are peaks in a longer-term depreciation trend.

factualpending

Speaker

Keith McCulla

Evidence Quote

Something that is in secular decline makes a lower high every time it goes up during its cycle

Source

Hedgeye Investing Summit Fall 2024 | Daniel Lacalle, Chief Economist at TressisHedgeye
Created: 8/12/2026, 6:00:34 PM

My Notes

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