A Global Macro and Market Update: Has the Dollar Peaked?

As the dollar drops to its lowest level since the U.S. election while global equities remain near cyclical highs, in this month’s BCA webcast I addressed the following: 1) the complexion and thrust of global growth by region; 2) the outlook for interest rates and the US dollar; and 3) BCA’s recommended global asset allocation.

Notwithstanding political uncertainty, the fundamental global growth and earnings backdrop continues to flatter developed market global equities over government bonds. The U.S. dollar should rebound as U.S. growth accelerates through the balance of 2017 and markets reset expectations for two more rate hikes.

Listen to the webcast replay here.

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