Jeff Snider, head of global research at Alhambra Investments, returns to discuss with managing editor Ed Harrison the dollar’s downward spiral, increased pressure on yields, and the state of the US and global economy. Because the Fed’s quantitative easing has fallen short in adequately supporting the economy, Snider shares his insights on the current macro environment and where the dollar and Treasuries are now. He assesses what they’re indicating about the direction of markets in the coming months and whether if and how the federal government will step in with robust enough fiscal policy to fill in the gaps that monetary policy failed to.