A strengthening of the dollar and a significantly lower oil price are weapons President Barack Obama could one day use against Russian President Vladimir Putin, leading to the United States dealing from a position of strength, according to Keith McCullough, founder of investment-research firm Hedgeye Risk Management.
"You look at Putin and he's pushing us around and the No. 1 weapon that we have as a country that neither [former President George W.] Bush or Obama has used is called a weapon of mass currency appreciation, the dollar," McCullough told Newsmax TV in an exclusive interview.
"Putin doesn't exist, [former Venezuelan President Hugo] Chavez … wouldn't have existed, neither do these Middle Eastern overlords that capitalize on oil, if a weak dollar doesn't exist," said the chief executive officer of the New Haven, Connecticut-based firm.
No comments:
Post a Comment