Axel Merk: Great Appetite to Be Anti-Risk

The video discusses the impact of central banks on risk assets, highlighting how risk premiums have risen since the Fed's policy changes. It explores alternatives to risk assets, such as gold and long-short strategies, and emphasizes the importance of stress-testing portfolios. The ECB's limited ability to influence currency markets is examined, with a focus on Draghi's efforts to weaken the euro. The video also analyzes the dollar's movement, noting that despite expectations, it hasn't strengthened significantly, and emerging market currencies remain under pressure.

What factors contribute to the volatility in currency markets as discussed in the text?

What is the significance of the dollar's recent movements in the context of global markets?