Silent indicator?
Good grief my friend, it is the thing you are sitting in front of.
Euphoria, greed, the idea that economic cycles never correct, tulips, dot coms, r/e only goes up, trade your day away on Ebay.
FR is the silent indicator my friend. You can also look at money flow, consumer optimism/pessimism, and a million other things. I hate to say this, but the masses are acting insane right now, and they always lose. Greed is making people blind and robbing them of common sense.
Dude, it is “Labor Day” and people think summer can only continue, because as you can see it is 90 degrees, and I got a hell of a sunburn....
My friend, buy a winter coat, before the prices go up. You’ll look really stupid in the parking lot, since it’s 90 degrees out, but you’ll be laughing in a few weeks.
That works...I am very comfortable unloading at any time. :^)
It strikes me that there are 2 reasons for something being cheap.
First is poor quality leading to low demand - hence the term "weak" applied to "cheap" currencies.
The other is greater productivity than the competition.
It strikes me, given our current economic conditions (as nearly perfect as have ever been), that the USD can hardly be considered poor quality. To the contrary, by all rights it is very high quality.
So if it is "cheap," is it not more likely that US economic productivity is going through the roof compared to our competition of other currencies?
That is, it strikes me that given a greatly increased worldwide market of "middle class" economies now able to buy American, coupled with our efficiency at "making money," it actually bodes extremely well for us.