Euro-Dollar's Not Plunging Past Parity: Rabobank's Foley

The video discusses the euro-dollar parity, predicting a potential drop but not beyond parity. It highlights US economic concerns, including wage inflation and structural issues. The impact of dollar strength on US corporates and Fed policy is analyzed, with historical context provided. European political risks are considered, with a focus on potential relief for the euro. The uncertainty surrounding US policies under Trump is explored, emphasizing the challenges in predicting economic outcomes.

What uncertainties are associated with Trump's potential economic policies?

What is the current state of the US economy in terms of capacity and unemployment?