I am very grateful to Marc Faber for the mention in the June edition of his Gloom, Boom and Doom report.
If anyone would like to receive a write-up of my bullish case for the dollar (and the associated bearish prospects for industrial commodities, emerging markets and hard assets ex US real estate), please do email me.
My address is laeeth2 at gmail dot com.
Laeeth Isharc
1 comments:
Update to my view - I am not updating this blog regularly, but given I mentioned my strong view here a few months ago, I thought it was time to update it.
It's now early December, and Nature has smiled on us. We have seen a tremendous rally the Schatz and Bobl and a decent correction in industrial commodities and emerging markets, with so far only the stirrings of a rally in the dollar.
I think it's fine to remain long the dollar (but more vs CAD, CHF, JPY than EUR), but over the next few days it is time to start scaling in to medium-term shorts in fixed income (particularly UST and OATs).
Please drop me an email if you would like to discuss markets further.
Post a Comment