
The US dollar is the place to have been over the past few months (see chart above). The dollar (UUP) has made a nice move up since July, while most currencies (FXA, FXE, FXF) and gold (GLD) have declined. The Yen (FXE) has managed to stay unchanged. Silver (SLV) and commodities (DBC) have collapsed.
The 'Bailout' bill being signed into law has not helped the stock market or the credit market yet. Are emergency Fed rate cuts on the horizon? Will the US dollar continue to demonstrate strength? Are we looking at a deflationary scenario?
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