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Why the return of King Dollar could create a feeding frenzy for U.S. stocks

June 7, 2018

While Wall Street stocks may well on their way to fresh highs, the dollar has been taking hits from all comers.

That buck weakness is largely due to speculation the ECB may be nearing its own quantitative-easing unwind. The dollar is also sagging a bit as investors fret about the upcoming G-7 and Trump/Kim Jong Un meetings next week.

But try to imagine a not-so-distant future, where King Dollar sits on the Iron Throne, while the world burns in chaos.

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