Investors are starting to lose faith in the US markets
Today with Doc we take a look at the big move down int he US Dollar and the up trend that treasuries have been in since the tail end of the year. Trump’s comment on the dollar being “too strong” is being blamed for the weak dollar. As for treasuries this is showing that investors are predicting more weakness in US markets. The VIX might not be showing it but other sectors are.
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It does sometimes do good to take something to its logical conclusion. kind of like brainstorming an idea. I don’t know what good that would do for Germany’s exports though if it happened. There are some who have theorized that Germany could leave the Euro but I don’t really buy it. Interestingly, the European Union won’t have to put up with the UK using its veto all the time if the Brexit goes ahead (I’ll believe it if I see it) so maybe it might not be so much of a disaster if UK leaves. It’s all open-ended. Anything can happen.
Funny Doc should say that about the Euro. If you take things to its absurd extreme and say ALL countries leave the Euro except Germany, the Euro would probably become the strongest currency in the world.