Why the Fed isn't concerned about a stronger USD

Miles Staude, Portfolio Manager of the Global Value Fund, explains the reasons he believes the AUD is overvalued. Staid says his rationale is twofold being 1) As the RBA and most economists note on a simple purchasing parity basis the dollar looks expensive 2) The other aspect is divergent central bank policy which has not been seen since the 80's. Staude draws reference a growing view that the USD could enter a 'structural bull market'. In this video he explains this theory in more detail and provides his views on why the Fed is unlikely to be too concerned about a strong USD. Watch full interview: