Mr. Townsend thinks the Dollar Index will continue to increase until global central bankers sit down and agree to another Plaza Accord to manipulate and intervene in currency markets.  I’m on record for over a year:  central bankers and policy makers will start to sound conservative noises about their fears of the dollar rising too far, too fast, once the Dollar Index exceeds 105.  That will be a trigger for attempts to talk down the dollar, to slow the rise.  We will see a huge hit to profits of U.S. large corporations as the dollar rises and there’s already signs the earning season about to get underway will carry this theme into the mainstream consciousness of market participants, and you will see this within two weeks.  Mr. Townsend is one of the more sober analysts covering the alternative asset markets and his perspective usually provides rational “food for thought.”  He’s a superb “global macro” thinker. – Eric Dubin, Managing Editor, The News Doctors

TND Podcast Spotlight:  Wall St. For Main St.

Jason Burack of Wall St for Main St interviewed returning guest, former software entrepreneur turned hedge fund manager, Erik Townsend. Erik also hosts the popular Macro Voices podcast:  https://www.macrovoices.com/

Jason and Erik discuss how overvalue the stock market is, increasing volatility in currency markets, gold and bitcoin and a whole host of Global Macro trends and likely developments in the year ahead.

dollar

# # # #

wall street for main street bio photoAbout Wall Street For Main Street
We provide in depth content from many investing experts all over the globe. Over 250 interviews with many top experts including Jim Rogers, Doug Casey, Dr. Marc Faber and Jim Rickards! Over half a dozen billionaires interviewed! Unique, in depth round table discussions with experts on interesting investing topics about different asset classes and sectors of the economy.  Wall St For Main St, LLC was founded by Jason Burack from JasonBurack.com and Mo Dawoud from Momoney Blog in 2009.  We are a unique investor education and financial education start-up company out of the DC/Northern Virginia area with a mission to revolutionize the way people learn how to invest.  Visit our website (click here) and our YouTube channel (click here).