Artificial U.S. Dollar Rally Is Coming to an End [View article]
kotika, The author is not comparing the Dollar to the Euro; in fact, if you read the article to the end, he admits the possibility that Europe will be worse of than the United States. He is advocating for Asian currencies, in the belief that global economic power is going to shift. That, in my opinion, is undeniable; even if the U.S. remains an economic superpower, as I believe it may (and hope it does), Asia, in relative terms, is undervalued compared to future potential. And some of their currencies (and I don't mean the Japanese Yen) are severely undervalued.
Is Crude Oil a 'Bubble' Ready to Burst? [View article]
Mr. Dorsch, I have read I estimate ten good articles on oil in the past couple of weeks. Yours is the most comprehensive. Thank you. I will look into subscribing to your service.
I am short oil on technical basis, for a short-term swing trade. For the next month or two, I believe that commodities will further their declines. Remember that the Fed meets on June 24, and they will likely hold interest rates steady. Expectation of that, and of dollar stability, will push some profit-takers out. But I agree that LT mean-reversion, as forecast by some others, will take its time.
Thank you again. I am looking forward to more excellent reading.
Artificial U.S. Dollar Rally Is Coming to an End [View article]
The author is not comparing the Dollar to the Euro; in fact, if you read the article to the end, he admits the possibility that Europe will be worse of than the United States. He is advocating for Asian currencies, in the belief that global economic power is going to shift. That, in my opinion, is undeniable; even if the U.S. remains an economic superpower, as I believe it may (and hope it does), Asia, in relative terms, is undervalued compared to future potential. And some of their currencies (and I don't mean the Japanese Yen) are severely undervalued.
Is Crude Oil a 'Bubble' Ready to Burst? [View article]
I have read I estimate ten good articles on oil in the past couple of weeks. Yours is the most comprehensive. Thank you. I will look into subscribing to your service.
I am short oil on technical basis, for a short-term swing trade. For the next month or two, I believe that commodities will further their declines. Remember that the Fed meets on June 24, and they will likely hold interest rates steady. Expectation of that, and of dollar stability, will push some profit-takers out. But I agree that LT mean-reversion, as forecast by some others, will take its time.
Thank you again. I am looking forward to more excellent reading.