When the U.S. Dollar Jumps… Some ETFs Get Hit The Hardest!
When Nouriel Roubini talks, people listen. And now Mr. Roubini has identified the U.S. dollar carry trade as the primary reason for “skyrocketing” stocks. Gloom-god Roubini says that flooding the world with U.S. dollars at non-existent interest rates has let speculators push assets far higher than their “fundamental value” justifies. That may be true. Then again, when have assets ever been perfectly [...] [...more]
