Her Lao
2015-01-27 05:45:53 UTC
http://www.forbes.com/sites/kenrapoza/2015/01/26/meet-the-new-bubble-the-u-s-dollar/
"The current strength of the dollar is evidently a bubble," says Jan Dehn, an economist with the Ashmore Group, a fixed income manager with around $70 billion under management.
The dollar obeys short-term flow dynamics, while ignoring fundamental arguments. "If you doubt that the dollar is a bubble, ask yourself this question: when was the last time you met someone who was not bullish the dollar?"
"The current strength of the dollar is evidently a bubble," says Jan Dehn, an economist with the Ashmore Group, a fixed income manager with around $70 billion under management.
The dollar obeys short-term flow dynamics, while ignoring fundamental arguments. "If you doubt that the dollar is a bubble, ask yourself this question: when was the last time you met someone who was not bullish the dollar?"