SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (23885)12/31/2009 4:20:10 AM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
Re: [The Dollar looks to be a pretty good spec. for the near-to-mid-term now...] "I agree..."

The Dollar's current rally may just be a normal 'over-sold bounce', and it may run out of some steam by Spring... but I expect that once the Fed starts tightening (indicating that rising interest rates are imminent), probably toward the end of 2010, that there may well be a big sustained Dollar Bull that starts up around then, if not a bit before then even.

Based on the US's superior growth prospects (and even superior deficit reduction prospects) when measured against all of Europe, and much of the rest of the developed world as well, we could be facing a 'King Dollar' situation of perhaps too much Dollar strength in an Obama second term (coming off the eight year Bush II decline for the Dollar), just as it was argued that the Dollar was too strong throughout the last four or five Clinton years (after progressive Dollar declines posted during Reagan's final year and all of Bush I's four years).

Getting ahead of ourselves here a bit... but such a development would not surprise me a bit. (Especially with GOP election gains in the off-year 2010 elections, and possibly a few more seats in 2012.)

Remember: it has been the *combination* of a Democrat in the White House and a GOP-lead Congress (at least in one or the other Houses of Congress, if not in both) that historically produce the BEST rates of *both* growth in Gross National Product *and* reduction in federal deficits.

(As I and several other folks pointed out on these threads several years ago. :-)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News