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The Dollar
I think the Dollar has bottomed - but the current bounce does not even register on this chart yet.
The Scoreboard
A stunning 5 different countries up over 40% YTD. The S&P 50 is up 6.5%…
Interesting Data
Germany - EWG 0.00%↑
Start your engines…
Indonesia - IDX 0.00%↑
Consumer confidence stayed low.
Chile - ECH 0.00%↑
Nice move for inflation in Chile - much bigger drop than expected.
China - FXI 0.00%↑
Who says China is in deflation - 0.1% inflation! Jokes aside it did beat…
Interesting News
I keep highlighting what I view as likely resurgent Dollar strength - because it will upend these trends for a while.
China - FXI 0.00%↑
If they want prices up they should do more consumer fiscal - not browbeat competition.
Greece - GREK 0.00%↑
As you know - Greece has been my favorite country to invest in for a couple of years. BUT - it is now attracting press and attention for what we talked about in the past. Often a bit of a sign to worry about a counter trend move.
Interesting Charts
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