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Goldman Sees ‘A Tale Of Two Dollars’ In 2020
Irrespective of whether the rally in risk assets extends into 2020 amid a steady (if less-than-spectacular) improvement in the global macro environment, Goldman doesn't see a "significant short opportunity" in the greenback.
The bank's assessment (as delivered in their 2020 FX outlook) is straightforward and dare we say "elegant"(?)
The question mark is there because while there's definitely "elegance in simplicity" (so to speak), not everything that's simplistic is elegant. We're going to giv
