July 18, 2022· 47 min

Why the US Dollar Is Booming And Creating A Possible Doom Loop

Orality
Model
73%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(950 words)
M:28%
HostTracy Alloway(1,725 words)
M:29%
GuestJon Turek(5,549 words)
M:28%

Oral Indicators

Agonistic33%
literally, completely, very
Engagement67%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
know (163x), think (98x), like (87x)
Parallelism91%
And I'm Joe Weisenthal...., So I looked I actually got up ..., But I don't think 5AM instead ...
Sound Patterns38%
34 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases4%
you know what, i mean

Literate Indicators

Hedging9%
quite, probably, might
Passive Voice5%
be replaced, be replaced, been encapsulated
Abstract Nouns15%
investment, recommendation, ambiguity
Subordination7%
though, because, nonetheless
Sentence Length56%
Avg: 18.9 words/sentence
Word Complexity46%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style33%
608 personal pronouns found
Descriptive Style95%
literally, completely, actually

Description

Every time a crisis hits, you get a new round of people warning about the end of US dollar dominance. The Covid crisis and its aftermath is no exception. It may be that the world will change over the long run in some way that does help to dislodge the greenback. But in the meantime, concerns about a looming recession mean that the dollar is booming against other currencies. It's at a 20-year high against the euro, and it's soared against the yen as well. So why has the dollar been rising? And what is the impact of that on the world economy? On this episode, we speak with Jon Turek, the founder of JST Advisors, and the author of the Cheap Convexity Blog, about why the dollar's been so strong, and the risk of a potential "doom loop" that will drag down the global economy. See omnystudio.com/listener for privacy information.