Dollar Is Still the Best of a Bad Bunch, Says HSBC's Bloom

The video discusses the potential weakness of the US dollar, with some analysts predicting poor performance due to investors seeking better yields elsewhere. Despite this, the speaker remains in the strong dollar camp, citing the US as the best of a bad bunch. The discussion then shifts to Brexit and its impact on the British pound, with forecasts suggesting a positive outlook for sterling due to potential outcomes like no Brexit or a referendum. The video also covers predictions for the Chinese yuan against the US dollar, expecting slight weakness due to trade wars and market optimism. Finally, currency trade recommendations are provided, highlighting concerns about fiscal positions and a preference for sterling.

What is the main reason given for the potential weakness of the US dollar?

• Increased government spending

• Strong economic growth

• Lack of growth and investor behavior

• High inflation rates

What is one of the potential outcomes of Brexit discussed in the video?

• A merger with the European Union

• A new trade agreement with the US

• Immediate economic collapse

• No Brexit

How does the speaker view the current state of the British pound?

• Highly volatile

• Neutral

• Very positively disposed

• Negatively disposed

What is the expected trend for the Chinese yuan against the US dollar?

• Complete collapse

• No change

• Slight weakening

• Significant strengthening

Which currency is recommended for selling due to fiscal concerns?

• British pound

• Chinese yuan

• Turkish lira

• Norwegian krone