Vincent Deluard returns to Talking Markets with a bold thesis: Asia is experiencing a "reverse currency crisis," one that could challenge the US dollar’s dominance and reset how global capital flows. The Director of Global Macro Strategy at StoneX explains why the forces behind the 1997 meltdown have flipped, and what it means for currencies, commodities, and geopolitics. Up for discussion: What's really driving the weakness in the dollar, why Asian currencies could be due for long-overdue strength, and how investors might position with gold, oil, and Latin American currencies. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Substack: https://themarkethouse.substack.com/ Connect with me on Twitter: https://x.com/maggielake *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.Chapters: 00:00 - Introduction with Vincent Deluard 01:30 - Making Sense of Recent Price Action and Market Conditions 05:30 - Will We See a Market Correction in July? 08:10 - Three Key Triggers That Could Spark a Sell-Off 13:20 - Are We Seeing Signs of a Market Top? 15:45 - Where Is the 10-Year Treasury Yield Headed? 19:00 - What Tariffs Could Mean for Corporate Profit Margins 22:00 - A Reverse Asian Currency Crisis Is Brewing 28:15 - What Happens If Asian Currencies Start Gaining Strength? 31:50 - Strong Asian Assets = Inflation Risk for the U.S.? 36:10 - Is the U.S. Dollar Headed Higher Over the Next 3–6 Months?
