Bi-Weekly Geopolitical Report – The Issue of the Terms of Trade (6/16/2023)

For many years now, the need for oil has been a primary driver of foreign policy, not just for the U.S. but for nations around the world. For the U.S., a dominant dollar has been a key tool in the past to assure an adequate supply of oil, but today the energy landscape is changing. To accompany the Bi-Weekly Geopolitical Report published on June 12, 2023, Chief Market Strategist Bill O'Grady joins the podcast to discuss how the U.S. dollar policy seems to be changing as well and possible investment implications.