Thursday, December 18, 2014

Place Your Bets

















The Federal Reserve maintains a steady hand, signaling "normalization" (higher interest rates) to come in the middle of 2015.  The dollar rallies. Stocks rally.  Bonds sell off.  I buy the USD/JPY and sell the EUR/USD.  The correction in the stock market seems to be over.  Santa Claus is here.

1 comment:

Becky said...

Looking forward to it.