Drivers and Limits for a Stronger U.S. Dollar

The transcript discusses the dollar's upward trend, driven by interest rate differentials and consensus trades. It explores the potential limitations of this trend, including structural forces and Fed expectations. The role of monetary policy and global factors, such as the euro and ECB, are considered. Political influences, including the actions of the Treasury and G20 agreements, are also examined. Finally, the potential impact of tax reform and repatriation on the dollar is analyzed, drawing parallels to the Homeland Investment Act of 2005.

What factors are contributing to the consensus that the dollar will continue to strengthen into 2017?

How do interest rate differentials impact the dollar's value according to the discussion?

What are the potential limitations on the dollar's upward path mentioned in the text?

In what ways could fiscal policies influence the dollar's strength in the future?

What historical context is provided regarding the influence of the President and Treasury Secretary on the dollar's value?