from Zero Hedge
Submitted by Erik Townsend via MacroVoices.com
Eclectica’s iconic manager, Hugh Hendry, was the featured interview on this week’s MacroVoices podcast. The entire interview is worth a listen and begins at 10:42.
[…] The interview starts on the U.S. Dollar.
Hendry says that he’s long the dollar as is everyone else in the group of managers he respects. He opines that the pause in the dollar rally over the last year has been a result of the U.S. economy needing to regroup to prepare itself to cope with the pressure of a continuing, secular rise in the USD and the pressure that will bring upon the U.S. economy. But Hendry goes on to opine that he believes the transformation is complete and the dollar rally is set to resume.