Curious on how lower the dollar tanks. I'm looking at 78 on the futures. I don't think the coming economic data will be good enough nor will the expectations of higher interest rates.

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Had no problem last year. And everything economists were betting on last year leading to now has fallen short. Analysts kept talking about earnings, earnings, earnings, and apparently those massive earnings we've been waiting for grew .1 percent. I ...

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I don't see why a drop between the 20 YR bottom-to-to and 5Y top-to-bottom 50% retracement cannot be done. To say this market is frothy is understating it. Almost 400 pts gained last year, no reason the same can't happen in the other direction. ...

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America 2019

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How about when the consumer has no money to consume? The quack Fed and alike point to the recent tick up in consumer spending data - AWESOME! Then you find out want consumers spent money on were Obamacare costs, higher energy costs, and higher ...

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I think it'll stop around the middle of the shaded area within 16 months.

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Right, thank you for supporting my point. A mediocre economy have averages 2.5 percent growth and an index that made 45+ new highs in the last 16 months. And that supports current levels?

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Exactly, and it's got us next to nowhere except bubble town

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In the big scheme of things, DOW is like following the ASX. It's so narrow. Following Goldman Sachs won't tell you much about the broader economy. S&P holds more water, which was my point. So, a little less snark.

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Does it ever strike anybody that the economy just isn't that grand and the S&P is up over 130% in five years?

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Every rally in the dollar since the FOMC has been sold. We are likely to see 78 on the DX. Outside of headline excitement, the grass is brown on the other side. The taper is irrelevant, while an interest rate hike would benefit the dollar, it is ...

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