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Wells Fargo's Sameer Samana anticipates a rally in the dollar, driven by persistent inflation and the Federal Reserve's limited capacity to cut rates compared to other central banks. He suggests that as tech stocks stabilize, capital may return to the U.S. market, despite concerns over consumer spending and potential economic slowdown. Samana favors high-quality investments in industrials, energy, and financials, while acknowledging credit quality risks amid a broader economic downturn.
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dollar expected to rally as tech shows signs of recovery
15:10 17.03.2025
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