We Are Modestly Positive on the U.S. Dollar, Says State Street’s Farley

The video discusses the current state of the global economy, highlighting Japan's GDP and Malaysia's trade numbers. It addresses the mixed economic data and the potential for divergent trends. The conversation shifts to the US dollar, with Goldman Sachs advocating for a short position, while the speaker remains cautiously optimistic about the dollar's stability. The video also covers equity allocations, noting a decrease in global equity investments and an increase in cash holdings, with the speaker favoring equities, particularly in the US and emerging markets.

What does the speaker suggest about the allocation in global equities?

What factors contribute to the speaker's view on the cash overweight in the market?