US Dollar


Then there is this sad picture.  Any wonder why they are managing expectations?

There may be one or two dollar bulls out there.  Usually I am one of them at times like this that are ripe for some contrary action, but I can’t make that claim based on this chart and based on the untenable situation policy makers find themselves in; caught between and inflationary rock and a Treasury yield hard place.

Okay, posting to be sparse for a couple days.  Just see this mess for what it is and hopefully we come out okay on the other end.

http://www.biiwii.blogspot.com
http://www.biiwii.com