The U.S. dollar has rallied when stocks dropped in the past several years, including 2008 and 2011. This year, the stock market has enjoyed a good rally since the summer, but the U.S. dollar has done even better.
This is not a reaction move in the U.S. dollar, a flight to cash due to a "risk-off" environment. It is a U.S. dollar bull market, right on schedule.
Lawler: Observations on the Recent Surge in Net International Migration
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Today, in the Calculated Risk Real Estate Newsletter: Lawler: Observations
on the Recent Surge in Net International Migration
A brief excerpt:
NOTE: Hous...
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