Everywhere I look I see talk of a major $USD bull market being underway. I see this coming from CNBC as well as so-called "investment gurus."
This is odd… because the $USD is DOWN against every major currency thus far in 2017.
I'm not making this up. The $USD is DOWN against the Yen, the Euro, the Swiss Franc, even the British pound.
And what asset class does well when the $USD falls?
Gold.
Indeed, thus far in 2017 Gold has DOUBLED the performance of the S&P 500. Don't tell this to the stock bulls, but they, like the $USD bulls, are in for a RUDE awakening.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Here's a very terrible thought - LAME street media causing stock market ciaos! I shutter the thought they could go that low...but we've seen the 24/7 hatred of our President ad nauseam!
ReplyDeleteHAPPY THIRSTY THURSDAY EVERYBODY!!!!!!!!!!!!!!!!!!!
Ha ha at 733. You guys have really jumped the shark. You have investors world wide with 100's of billions of assets on the line making strategic decisions that directly impact the market. But you actually believe its an evil media plot. Too funny.
ReplyDeleteThe poll of who is for the Russian hacking investigation and who is against it speaks volumes about the American public in general.As ridiculous as it is,the media has convinced the weak minded masses that it's necessary.The 24/7 that 7:33 referred to is working like a charm.
ReplyDelete