In her CNBC appearance below Lori Calvasina, the head of US Equity Strategy at RBC Capital Markets explained the negative side effects for the US stock market due to the US Dollar declining to multi-year lows versus all currencies. Ms. Calvasina also provided some colar to CNBC on the feedback that she is getting from the firm’s European clients. RBC is a global institutional brokerage who has clients in Europe.
BullsNBears.com analyst Michael Markowski’s “2020 Crash #2 Inevitable, so says new Algo” July 31, 2020, article was the first to raise the issue about the lower US Dollar being the catalyst that could trigger a second market crash.
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