Nordea: US dollar the only game in town

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Nordea with the note:

Growth and inflation are set to decelerate over the coming 9-12 months. The deceleration will, however, come from oddly high rates and be combined with strong labour markets. The market conclusions are not as straightforward as usual in decelerations

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.