Posted: Thursday, October 02, 2014 12:16 PM ET
By: Julian Close
The US dollar is growing stronger this year, and that has about half of the economic world in fits. Why? It isn't so much a result of what was said (that the dollar would lose value as a result of quantitative easing) but of the figurative and/or literal tone in which it was said (arrogant, hateful, and with naked contempt for opposing viewpoints.) It was a tone that doesn’t allow for backtracking, which is why, today, half the economic world is strangely silent.
The dollar rose 7.1% in Q3 against a basket of major western... Read More