A quickie update
Among the handful of economists to whom I pay heed, Jim Griffin stands tall. He speaks plainly, abstains from flashy pronouncements, and makes eminent sense. It was a surprise when I read (only now, Friday evening) his thoughts from his firm's research weekly. (Download link below, if interested.)
Our thoughts as they pertain to the US$ and domestic interest rates mimic each other's. Jim reasons that, on a fundamental basis, US rates are heading higher, perhaps much higher. And that the $ will follow along (higher); what I see in the charts, Jim sees in the fundamentals. And already step #1 of the chart picture as I limned plays out: rates are moving higher.
So, I wonder: Where to from here?
-- David M Gordon / The Deipnosophist