Steep losses in the dollar, stocks and commodities, for sure, but does it really signal a systemic crisis?
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing...
Near-term dollar outlook, with some views on oil, Treasuries and S&P 500 thrown in for extra measure.
The demise of the dollar has been greatly exaggerated. Here is how I see the near-term outlook.
"The question for 2015 is whether Fed actions are going to take away the liquidity punch bowl, and create a problem for the next rally's ability to achieve escape velocity... We saw this principle of diminished liquidity back in 1998-2000, and again in 2007-08..."
Regardless of where one thinks the dollar is going in the long-term, here is a discussion of where it will likely go in the short-term.
The dollar made new multi-year highs against the dollar-bloc and is bid against most major and em currncies. Why?
Non-bombastic look at the price action and speculative positioning, with the hope of anticipating next week's developments.
What investors will focus on in the week ahead
Initial conditions matter when contemplating impact of Greek referendum
A look at the psycholgoy of traders as reflected in the price action ahead the new week which promises to be eventful.
Greek end hogame is at hand. US economy is gaining momentum--consumption, capex, and housing. Several equity markets are at cross-roads.
Trying to make sense of the global capital markets.
No follow through dollar buying against euro, yen and sterling after data showing US economyis recovering from weak Q1. What is happening? What is the outlook?
Combination of important events/data and large move in last two weeks, the dollar may pullback/consolidate in the days ahead.