Galy: U.S. Has Strong Dollar Policy 'By Default'

The video discusses the impact of negative interest rates and a strong dollar policy on global currencies, highlighting a 'cold currency war' due to competitive devaluation. It examines the US bond spread's influence on the euro and forecasts economic trends for the US and Europe. The potential effects of the Fed reducing its balance sheet on bond yields and global rates are also analyzed.

What are the implications of a strong dollar policy on global currencies?

How does competitive devaluation affect Asian economies compared to G10 economies?

What factors contribute to the low levels of global growth mentioned in the text?

What are the expectations for the US economy under the new administration according to the text?

Discuss the potential impact of the Fed reducing its balance sheet on US bond yields.