Is the CPI a True Indication of What Lies Ahead for the U.S. Economy? [View article]
The data is historical (already priced) and does not suggest a dollar rally.. USD has been bleeding against a broad array of currencies for the past 5 years DESPITE other countries minting like mad. I've not seen much data on where the money is going but the US is certainly not the primary winner. Commodity-rich countries (Australia, Venezuela, Russia, OPEC) may be smiling the most.
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The data is historical (already priced) and does not suggest a dollar rally.. USD has been bleeding against a broad array of currencies for the past 5 years DESPITE other countries minting like mad. I've not seen much data on where the money is going but the US is certainly not the primary winner. Commodity-rich countries (Australia, Venezuela, Russia, OPEC) may be smiling the most.
Aug 16 01:10 am
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All Comments by reph »Is the CPI a True Indication of What Lies Ahead for the U.S. Economy? [View article]