Experts Claim The dollar will rise even higher!

Experts Claim The dollar will rise even higher! Recommended selling assets in Europe and emerging markets.

  Rob Citrone, a hedge fund manager and head of Discovery Capital Management, said in an interview with CNBC on Thursday that he believes the European market is brewing a bubble and investors should sell assets in the region.
  Citrone reiterated his concerns about the sustainability of Italian debt and populism in the region.

  He is also shorting Turkish assets and is bearish on the Mexican and South African markets. He said that in addition to India and Argentina, investors should “sell all out” of emerging market assets. He said that as the second largest economy in South America, the Argentine currency has depreciated by 50% this year, but although it has been hit, it is still “very attractive” for fund managers.
Citrone said that in the long run, the US trade tariffs are a “big problem” for the Chinese market. He said, “I think the market will see some rebound in the short term, but we believe that tariffs will come. This is not a short-term issue. ”Download the app Read this article for more in-depth coverage
  Citrone said that in the long run, the US trade tariffs are a “big problem” for the Chinese market. He said, “I think the market will see some rebound in the short term, but we believe that tariffs will come. This is not a short-term issue. ”

  Citrone insists that the dollar will strengthen and that he is optimistic about US assets. “We prefer the United States to the rest of the world,” he said. “This is the best place to invest in the world.”

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