US Dollar Weakness Continues

The evidence that the US Dollar is continuing to weaken globally continues to grow by the day.           “Nikkei Asia” reported that the Chinese currency has now outpaced the US Dollar in Chinese cross-border transactions.  Here is an excerpt (emphasis added) (Source:  https://asia.nikkei.com/Business/Markets/Currencies/Yuan-exceeds-dollar-in-China-s-bilateral-trade-for-first-time): The yuan was used in 49% of China’s cross-border transactions last quarter,…

Read More

Will the Fed Taper?

          Stocks continued their rough stretch last week.  While we could see a Santa Claus rally this month as we often do as the year comes to a close, given how extended stocks are from what would be considered to be more ‘normal’ levels, we may not experience the traditional year-end rally.           Last week,…

Read More