I just checked the dollar. It is strong against all major currencies.
So, I asked myself: what asset classes will perform best if the dollar keeps strengthening?
My guess is that financial stocks will be strong. Why? A stronger dollar is a sign the international community is more comfortable with what is going on in our financial system. In other words, it is a sign the worst of the credit crisis is over.
It is just an educated guess. We will see.
More on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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