marctomarket.com / by Marc Chandler / November 14, 2016
I was on Bloomberg TV this morning to weigh in on the dollar’s rally. The US Dollar Index is flirting with the 100 area that has blocked side since last year.
In my work, after a big run-up form around 80 in mid 2014, the Dollar Index has been consolidating. I have long anticipated a spring board for another leg up. The fundamental logic was the divergence in monetary policy and the relative health of the financial system. In addition, regardless of who won the election, US fiscal policy was set to turn more accommodative.
The post Cool Video: Reiterate Bullish Dollar Call on Bloomberg appeared first on Silver For The People.