The dollar is making new lows, easily taking out the 78 level vs. the yen. At the same time,...

|By:, SA News Editor

The dollar is making new lows, easily taking out the 78 level vs. the yen. At the same time, Treasuries and commodities are rocking, while stocks remain at multi-year highs. One could be forgiven for thinking it's QE3, not a possible U.S. debt default/downgrade that is dominating the news.