5 months ago • 5:50 mins
Normally, we love a milkshake. But the “Dollar Milkshake Theory”, a market concept whipped up by Brent Johnson, CEO of Santiago Capital, is one nobody really wants. It means a massive squeeze higher for the US dollar, and a massive worry for investments all over the world. Here’s why, and how you can protect your portfolio from frosting over…
The milkshake theory basically holds that there simply aren’t enough US dollars created to keep up with the rising demand. And when the greenback rises high enough, fast enough to lead to defaults abroad, the demand for dollars swirls up and its supply shrinks, leading to an epic squeeze higher. The result is a sovereign debt crisis, a massive devaluation in other currencies, and a likely big blow to your portf
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