coolhand
Well-known member
imported post
It's gotten very difficult (not that it was evereasy). Amidst all the reports this week, I am having a very hard time understanding what is keeping the dollar from dropping. In fact it's gaining strength...:%.
I think it's because demand for dollars is strong and our debt is continuing to be financed. 10 year TIPS went well today. http://tinyurl.com/ytbax
That means inflation is a concern.
It's taken awhile for oil prices to begin having an effect on the economy (if in fact the negative report this week on retail sales is a good indicator of this). If oil doesn't get back down under 50$ (you would think a stronger dollar would have this effect) and stay there for awhile, we could be in for a difficult ride for some time.
It's gotten very difficult (not that it was evereasy). Amidst all the reports this week, I am having a very hard time understanding what is keeping the dollar from dropping. In fact it's gaining strength...:%.
I think it's because demand for dollars is strong and our debt is continuing to be financed. 10 year TIPS went well today. http://tinyurl.com/ytbax
That means inflation is a concern.
It's taken awhile for oil prices to begin having an effect on the economy (if in fact the negative report this week on retail sales is a good indicator of this). If oil doesn't get back down under 50$ (you would think a stronger dollar would have this effect) and stay there for awhile, we could be in for a difficult ride for some time.