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Source: Barry Ritholtz, The Big Picture, October 30, 2008.
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Paul Kedrosky, guest contributor, argues in a thoughtful manner that the US dollar’s surge won’t last. “Down is up, and up is down? How is it that a growing US economy was bad for the US dollar, but a potentially calamitous collapse in the same US economy has the US dollar up double-digit percentages?,” asks Kedrosky. [...] More on this topic (What's this?) 2012 U.S. Dollar Outlook: How to Play A Short-Term Rally (Money Morning, 1/20/12) Agriculture Making a Comeback in the U.S. Economy (Investment U, 12/5/11) Unimpressed with Current Economic Data, ECRI Still Forecasts A Recession (Kirk's Market Thoughts, 11/7/11) | ||||||||||||||||||
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