Michael Novogratz on U.S. currency: I'm impressed the dollar hasn't rallied more
The market extended its losing streaking from the last week. The Nasdaq is down around 8 percent over the past five trading sessions. Michael Novogratz previously shorted the U.S. dollar compared to other currencies. He joins ‘Closing Bell’ to discuss what he is doing now. “I actually bought more gold today, I sold a bunch. I was buying more today. I’m not re-entering the dollar yet, but I’m waiting,” Novogratz said.