Quotable
“Well, you can just stop and think of what could happen if anybody with a decent system of government got control of that mainland. Good God.… There’d be no power in the world that could even—I mean, you put 800 million Chinese to work under a decent system… and they will be the leaders of the world.”
― Henry Kissinger, On China
Commentary & Analysis
Dollar Retrospective Chart 1971-2016: Next Major Cyclical Driver?
Here’s a retrospective and, hopefully, some perspective on the drivers of the long-term trends in the US dollar index in the era of free-floating after President Nixon closed the gold window on August 15th 1971 and rendering the Brenton Woods system to the dustbin of history. I have added the major macro (blue) events and more specific triggers (maroon) that led to multi-year trend changes; i.e. bull and bear markets, in the dollar.
Dollar Retrospective Chart 1971-2016: Next Major Cyclical Driver?
Posted by Jack Crooks - Currency Currents
Share on Facebook
Tweet on Twitter
-
I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.
~ Dale G.
-
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.
~ Dave E.
-
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
~ der_al.
-
A sane voice in a scrambled investment world.
~ Ed R.
Inside Edge Pro Contributors
Greg Weldon
Josef Schachter
Tyler Bollhorn
Ryan Irvine
Paul Beattie
Martin Straith
Patrick Ceresna
Mark Leibovit
James Thorne
Victor Adair