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Chuck Butler gives a fantastic rant on Bernanke’s recent tough talk in his morning column. Not much too add to Chuck’s commentary – nicely done Chuck! From a trading perspective – I’m trying to pare back all position sizes, and I still can’t seem to do it fast enough. Meats have taken a turn down […]
A couple of good ones from Chuck in today’s Daily Pfennig:Well… How about that U.S. dollar? That’s some currency Rudy! Why, look at it rallying against the euro and other currencies as if it’s on a mission from God! It looks as if the U.S. has turned things around… The Deficit no longer needs to […]
Chuck Butler on the Swiss Franc and potential end of the carry trade, from his must-read currency newsletter, the Daily Pfennig: Swiss inflation is really putting the pressure on the Swiss National Bank (SNB) to raise interest rates… Inflation in Switzerland accelerated faster than expected in March. In fact, it was the fastest monthly pace […]
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