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2017 Quarterly Outlook: The 1970s all over again

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January 11, 2017
The direction of the US dollar is the key question for 2017 because a currency that is up 20% over the past year will trigger a reaction, and the incoming Trump administration can be expected to jettison the more than 20-year-old dogma that a strong dollar is in the US’ interest. Saxo Bank's CIO & Chief Economist Steen Jakobsen explains.