Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Summary: An old saying goes that nothing cures low oil prices faster than low oil prices, and the same is currently true in forex markets. Ultimately, nothing will cure a strong US dollar more quickly than further dollar strength because the world simply can’t afford a stronger USD for long – and if it can’t, it won’t.