Dollar is Fundamentally Overvalued, Dennis Says
Enda Curran, Bloomberg News Chief Asia Correspondent, says the U.S. is going to step up its scrutiny of Chinese investment in the U.S. Tony Crescenzi, PIMCO Executive Vice President & Market Strategist, predicts that the global economy will grow about $95 trillion this year. Geoff Dennis, UBS Head of Global Emerging Markets Equity Strategy, says that dollar euro is the best indicator of dollar strength in emerging markets. Deborah Lehr, Paulson Institute Vice Chairman, thinks that President Trump and Xi have a very good working relationship. Karen Ubelhart, Bloomberg Intelligence Industrials Analyst, joins to recap headlines that General Electric is selling its distributed power unit to Advent. See omnystudio.com/listener for privacy information.
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