From the article: "the U.S. dollar rose 0.4 percent against a basket of currencies ." Personally I can't see this ever acknowledged by the "dollar's-worthless" crowd.
Rising against a basket of currencies isn’t the same as rising against things people buy. It could be that the dollar is just losing value more slowly than the others.
The “dollar”is rising in value in relationship to other currencies. So for example, the rise of dollar relational value combined with oversupply has caused the price per barrel of oil to fall. US goods exported abroad cost foreigners more to them thus reducing US Corporate profits from overseas sales. As the Yuan is devalued, Corporations, banks, etc. will rush to sell their Yuan holdings and in doing so will doubtless buy dollars and that’s because the US Dollar is seen as the safe haven currency. That will push up the US Dollar relational value vs. other currencies.
Long story, short, notwithstanding the fact that “goods” prices seem to be rising in the US, meaning it costs more, particularly for food, the truth is that the US economy has been walking the razors edge between inflation and Deflation and a rising relational value of the Dollar is a harbinger of a fall off that razors edge into Deflation. Worse, against this backdrop, Yellen is talking about raising interest rates which will make dollars even more dear.
I expect that this stock market will decline and Oil will make new lows for this cycle.
Well the other thing is that the $$4 could be worthless and other currencies are more worthless. Just saying.
I like this trend. I hope it really grows.
Startups Vie to Build an Uber for Health Care
http://www.wsj.com/articles/startups-vie-to-build-an-uber-for-health-care-1439265847