rod178 said:I'm currently suspecting that USD strength will be longer and stronger than we can currently imagine.
1) Ongoing trend of US business repatriation (or to Mexico)
2) Shale Oil (relates to 1.)
3) The rest of the world is in (relatively) worse shape than we currently suspect
4) Increasing instability in Europe, Asia and South America (relates to 3 and 1)
AusDoc said:You could be right. Despite all those points though, the USD has still failed to even take out 82 at this stage. Point 4 isn't having anywhere near the "flight to US safe haven" effect that it did. Though I fully expect a rise in the USD I can't escape the fundamental and sentiment realities of its severely weakened condition. It will be interesting to see how much they eventually have to get their yield curve to move before the dollar rise is convincing and not merely a rally to be sold.
Alpha-Bet said:doc, you waiting for my utube vid...?
there's just so much competition with all the quality trading gurus and their vids.
AusDoc said:Someone sent me a link to this Jarrett dude. Honestly, I didn't actually watch the whole vid but I thought it might lighten the mood.
rod178 said:I’ve always admired New Zealand policymakers for being considerably smarter than their Australian counterparts -- New Zealand’s even running a budget surplus! The question for the RBA, Treasury and ultimately the government is where do they want to be left standing when the music stops?