|
| The Fed boxed itself in- the dollar will have to regain strength just avoid a currency crisis. Just think how this all played out. The biggest deflationary scare ever and everyone is freaking out about hyperinflation. This Fed has created yet another economic term-hyperdisinflation depression. Deflation for the common folk but inflationary growth in commodities and assets. To avoid total dollar revulsion the dollar will have to move up to placate he Chinese and Europeans before it's too late. Senior currencies get very strong in deflationary deleveraging flights. Short bonds are near negative and there was a run to UUP(long dollar ETF) on 2 occasions. Plus UUP is so popular it decoupled from the underlying asset and they have to make more shares so Goldman can pile into it when Ben tells them to. | |
|
General thoughts into end of year and early next year...
