There Is No Alternative, US Dollar Is Still King

In the last month, the US dollar has declined by more than 1% against a basket of major currencies. With the Federal Reserve set to cut rates in September, does this mark the end of the King Dollar. Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us his perspective whilst weighing in on the strength of the US consumer as consumption is still 70% of GDP.Image Credit: shutterstock.comSee omnystudio.com/listener for privacy information.