How Biden’s Plan to Decarbonize America Will Impact the Dollar MacroESG Summary
In summary, the US dollar’s value is determined by S - Social assessment (class and race divisions) which is primarily determined by its G - Government assessment (capability and leadership). Investment and Trading Plan If a surprise event comes up - like a bad ending to the war in Afghanistan - that leads to protests in the US and a decline in the Social assessment, then the US dollar is a solid short. If other bad Government actions/decisions drives Social lower, then the USD is a very solid short. Conversely, if Joe Biden maintains strong social cohesion and pulls the country together after Mr. Trump leaves office with a solid plan that the country buys into, then the dollar is all set to be steady to up. In MacroESG speak, if strong G leads to steady to strong S - then the USD is a buy. www.macroesg.com #macroesg @gregbeier --- Send in a voice message: https://anchor.fm/macro-esg/message