There Is a Short Squeeze for Dollars

Ray Dalio thinks course will reverse when cycle is complete

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Jan 20, 2016
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Ray Dalio (Trades, Portfolio) is a good man to go to at times of stress in the markets.

Here is what he sees today:

The emerging market nations carry a lot of U.S.-denominated debt.

As a result they are all now rushing to cover that debt before the dollar gets even stronger.

Once this cycle is complete the dollar is going to reverse course.

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