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The Return of Goldilocks Means a Weaker USD, but Beware the 3 Bears
The Return of Goldilocks Means a Weaker USD, but Beware the 3 Bears By Justin Pugsley Central banks are shifting their policies in response to signs that economies are returning to growth. In many ways it looks like a comforting return to the 'old normal' when a broad range of indicators influenced currencies. If so that suggests USD weakness, but beware the three bears. Quantitative easing is being wound down, except in Japan, forward guidance is looking rather faddish and the focus on single economic measures, such as unemployment – all natural responses to the financial crisis -- are starting to look obsolete. ... (full story)
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- Feb 20, 2014 12:09pm Feb 20, 2014 12:09pm
- iwishtowin
- | Joined Dec 2012 | Status: Member | 170 Comments
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- Feb 20, 2014 12:14pm Feb 20, 2014 12:14pm
- frx_trader
- Joined Jun 2012 | Status: Analyst | 3129 Comments
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- Feb 20, 2014 4:53pm Feb 20, 2014 4:53pm
- JoshMarvin
- | Joined Jan 2014 | Status: Member | 38 Comments
Markets always behave irrationally...fuzzy logic, fallacies, cognitive bias
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- Feb 20, 2014 5:11pm Feb 20, 2014 5:11pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....