Apr. 2005 – Dollar Crisis? Here We Go Again . . .
In early 1995, the dollar was plunging against most major currencies and the financial media was piling on. We are struck by the similarity between recent headlines and those of a decade ago: The “mainstream media” was dead wrong. The chart below shows what happened after the dollar bottomed out in April 1995. The trade-weighted […]
Apr. 2005 – Dollar Crisis? Here We Go Again . . . Read More »