Tuesday, March 13, 2012

Fed Tuesday – Another Knee Jerk Day for the Markets?


“U.S. Dollar Hits an 11 Month High”
Don’t get me wrong, I am not a long term dollar bull, nor am I a long term gold bear. The above little headline, however, of the present, short term reality does get my attention. While the talking heads may disagree on what a stronger dollar means for stocks, bonds, gold, etc, the picture is so distorted by what the Fed has done and what it ultimately must do (more pumping of the system), that anything could happen in terms of a reaction from various asset classes. Please read more... http://www.certifiedassets.com/inv/news/fed-tuesday-another-knee-jerk-day-for-the-markets/

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