What If the Too-Strong Dollar Is a Solved Problem? Feat. Jon Turek

Today on the Brief:

• The latest information in the Twitter hack
• Thailand starts using its central bank digital currency
• Treasury Secretary Mnuchin calls on Congress for more funds 

Our main conversation is with Jon Turek, author of “Cheap Convexity.” 

In this conversation, he and NLW discuss:

• Why the dollar has gotten stronger thanks to a savings glut from Asia
• How a too-strong dollar hurts other markets more than the U.S.
• Why globalization died in 2011 and we just didn’t realize it 
• How the Fed fixed the global dollar plumbing 
• Why there are still questions of actual dollar shortages 
• The detente in U.S.-China financial relations 

Find our guest online

Website: Cheap Convexity 

Twitter: @jturek18