Thursday, April 2, 2015

Is The Dollar In a Bubble?

I dunno although I tend to think not.
From FT Alphaville:

This time is not different, USD edition
Nasdaq in the 1990s, Dow in the 1920s, silver and gold in the late 1970s, USDRUB, Bitcoin and oil more recently…

An example of spurious pattern searching or prescient warnings of a dollar bubble?
*shrug* We dunno.

But here’s HSBC’s position, via charts first and then words:

...MUCH MORE 

The Grand Fromage of Mr. Keohane's platform of choice, Paul Murphy, was also curious about the subject:
"Have we just seen the last $ spike?"

To which I answered NO!

Here's commentator Jackie Wilson with a more modulated analysis: