Dollar to Become Even More Unloved if Impeachment Blows Up: BMO's Gallo

The video discusses the US dollar's strength, its perception as an unloved trade, and the impact of global forces and political events like impeachment on its status. It highlights the dollar's role in the global economy and the potential consequences of its fluctuations, especially in the context of dollar shortages in repo markets.

What does the speaker suggest about the dollar's strength in relation to global economic conditions?

How does the speaker describe the long dollar trade in the context of foreign exchange?

What potential impact does the speaker foresee if the impeachment process escalates?

What are the 'global forces' mentioned that are supporting the US dollar?

In what way does the speaker relate dollar strength to the global economy and market events?