The sovereign fundamentals for the dollar appear to be "pointing south," according to Standard Chartered Bank's Eric Robertsen.
Election Day is less than two weeks away and Robertsen said the outcome would determine "the path to the end result.2:41Squawk Box Asia SINGAPORE — One Standard Chartered Bank analyst warns that the greenback is vulnerable to a "significant depreciation" as sovereign fundamentals appear to be "pointing south."
"You have the twin deficits in the U.S. getting worse, you have the trade balance at the worst in 15 years," Eric Robertsen, global head of research at Standard Chartered Bank, told CNBC's "Squawk Box Asia" on Wednesday. Election Day is less than two weeks away and Robertsen said the outcome would determine "the path to the end result."
The dollar is a “shit coin”
Ya think
👎🏻
I’ll depreciate SC’s mum
Does my sugar daddy know about this?
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