Recent content by RobU2

Looks like any lull is over now...

So the dollar index came up quite a bit since my last post, so I am looking more right. I'm not hearing much talk of stimulus packages, even from the Fed in its July minutes. So I remain dollar bullish. But will stimulus be needed to support the banks soon? Surely the current events are outside...

The dollar index is significantly down since I wrote this. Still, the facts that the S&P is now back at its pre-crisis high (job done for the Fed?) and that China is buying a lot of US goods seem to be dollar positive so I'm not ready to let go of my thoughts on this.

The fact that US-China trade talks are recommencing tomorrow could be a bit of a dent in my short-term dollar strength theory.

The Senate has just adjourned until 7th September, bless them.

When lockdown started, central banks and governments were clear that they would need to do something to stimulate the economy. A period of a few months seemed politically acceptable. Now some of those measures have come to an end in the US, where we have seen generous unemployment cheques and...