So, your question, of course, is that what happens tight dollar, of course, means tight financial conditions and that essentially means that the emerging markets more specifically do not do well, both equities and bond.
A fragmented global economy will lead to capital reallocation from US to Europe and Asia: Arnab Das
Invesco’s Arnab Das suggests a fragmented global economy with shifting capital flows from the US to Europe and Asia due to trade tensions. While retaliation