willynill

When Will the Dollar Snap-Back?

Daisuke Uno, at Japan's third largest bank said recently: "The dollar is now at wave 5 of the 40-year Elliott Wave Cycle. It will drop to 50 yen during the current wave, based on multiplying 92 (the low point during wave 1 that ended March 1973) by 0.764, a number in the Fibonacci sequence, and subtracting from the 123.17 level of 2nd quarter of 2007."

Why Has the Dollar Rebounded - And When Will It Correct?

trw88 is correct: foreign financial institutions (and entire foreign economies) are having big problems. Unless you think that those economies will recover faster than the U.S. economy, you should not short the dollar.

The Dollar's Decline: Taking Responsibility for the Future

Bob La Follette must be turning over in his grave. Chinn is not just wrong, he is utterly wrong. Do Wisconsin taxpayers know that their tax dollars are paying the salaries of such witless professors?