Posted on 03/13/2015 9:26:10 AM PDT by blam
Mike Bird
March 13, 2015
The dollar is set for its strongest quarterly strengthening since 1992, according to Bank of America, a good sign that a rate hike is around the corner.
When markets expect that US interest rates will be hiked, it typically strengthens the dollar. That's because people rush to change other currencies into dollars — they can make more money in dollar-denominated investments. The higher demand for the US currency drives its value up.
In the past, significant dollar gains against other currencies have pretty much happened only during periods of extreme financial or geopolitical distress.
The last four large dollar shocks in the past 45 years have been symptoms of huge financial events: the collapse of Lehman, Britain's panicky ejection from the European Exchange Rate Mechanism (ERM) in 1992, the first Gulf War, and Paul Volcker's shock rate hikes in the early 1980s.
(snip)
(Excerpt) Read more at businessinsider.com ...
That’s why the game of Three Card Monte will go on indefinitely.
Because no matter how badly the Democrats f*** things up, all of the other countries are still always worse.
I think we are less than a year away from the IRS’s plan to use illegal aliens to flood Mexico and Central America with two billion “earned income tax credit refund” dollars.
I’ll tell you what I think: I think as things continue to play out in the way they are I’m starting to actually take that September 13th 2015 thing seriously.
It’s a good time to visit Canada as they are having a sale, everything is 22% off.
Could it be that the dollar is just the highest point on a sinking ship?
Good point...we suck but pretty much everybody else sucks more...let the party continue!
What is this September 13th, 2015 thing to which you refer?
“Could it be that the dollar is just the highest point on a sinking ship?”
Exactly. Look at Greece seizing German properties. The EU is dying fast.
“blood moon, harbinger, Jonathan Cahn”
9/15/15 (Rosh Hashana & Shemitah)
Pope will address Congress on 9/24/15 (Day after Yom Kippur)
Blood Moon 9/28/15 (Feast of Tabernacles—Sukkot)
Bibi will probably lose the election and a weak Israeli leader will emerge who will want “peace”.
Democrat campaign slogan: “It’s Probably Worse Everywhere Else!”
Glad to hear it from you, amigo.
Read this article and download the spreadsheet. Then read the spreadsheet.
Indeed. The healthiest horse in the glue factory. Frankly I’ve been surprised that things have held together as long as they have but then I didn’t count on the money printing spree we’ve been engaged in.
My son was once the star pupil at a "magnet school" sponsored by Scripps Institution of Oceanography. Upon careful examination, I discovered he was the top fly on the manure pile. We extracted him from that situation and it took 3 weeks to catch up with the class work at our neighborhood school for the same grade. Rescued in time. Thankfully, not the "fittest horse at the glue factory".
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