Dollars win, haters lose  - Marketintelligencecenter.com

Dollars win, haters lose


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



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