Pelosky: World Moving Away from U.S. Dollar and Financial Instruments

Schwab Network

Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

1d ago 10:18

MP3•Episode home

Jay Pelosky says a market pullback is “healthy” after a 9-day run of green. Comparing the U.S. to the rest of the world, he notes that despite some equity recovery, the U.S. is significantly underperforming. “Any tax cut is going to add to the deficit,” which is bad for rates and against the overall platform of the administration. He thinks we’re in the middle of a global shift away from the U.S. dollar and financial instruments, a major power change. Overall, he’s overweight equities (especially non-U.S.) and commodities.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

4395 episodes

#Trading #Business #Schwab Network