The US dollar will remain strong against other currencies in the interim because global debt buildup in frontier markets, emerging markets, Asia, and Europe is so enormous that these regions are experiencing recession (India first recession in 40 years, Australia first in 30 years) and as long as US Treasury yields remain positive, the dollar will be perceived as a safe haven.

forecastpending

Speaker

Danielle

Evidence Quote

India looks like it's going to hit its first recession in 40 years and Australia first a recession in 30 years and the debt buildup is so big that it's going to feel like a balance sheet recession [30:40]

Source

Danielle DiMartino Booth: "Recession Coming? The Fed’s Endgame" (Hedgeye Investing Summit)Hedgeye
Created: 8/11/2026, 12:48:35 AM

My Notes

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