Dollar Dump Breathes New Life Into Commodities

Published on
April 20th, 2021
30 minutes

Will Dogecoin’s Eye-Popping Surge Test the Fed’s Resolve?

Dollar Dump Breathes New Life Into Commodities

Daily Briefing ·
Featuring Tony Greer and Ash Bennington

Published on: April 20th, 2021 • Duration: 30 minutes

Tony Greer of TG Macro joins Real Vision crypto editor Ash Bennington to update his thesis on commodities and interest rates as the U.S. economy continues to roar. Greer makes sense of a surging equity market that backed off today and argues that commodities will continue to perform in a “liquidity parade” set by a combination of the U.S. Treasury and the Federal Reserve. Greer analyzes falling yields and a falling dollar and connects the rise in financing costs to the slump in cannabis equities. Greer covers the resurgent bull markets in grain, iron ore, and oil, contending that monetary authorities are pouring “kerosene” on these assets