The United States government has six interrelated motivations for destroying the value of the dollar...
In the Dec. 16, 2013 issue of Forbes magazine, the editors offer their list of "365 Ways To Get Rich" with their 2014 Investment Guide. #100 on the list is this suggestion: "Profit from stock market volatility: Buy into a VIX futures fund and use wild, seemingly irrational swings as buying opportunities."
Last week I took a look at two major topics that affect the value of the US dollar index: the trade balance and the safety/risk-on trade. This week I’d like to conclude the discussion with some of the other major topics that affect how the dollar index trades.
The markets have gotten off to a rocky start this year with the S&P 500 down the first two trading days of the year and down 0.92% year-to-date. A pause should not come as a surprise as the markets were overbought and extended entering 2014 and in much need of cooling off.
At the end of December the inflation-adjusted S&P 500 index price was 80% above its long-term trend, up from 77% above trend the previous month and 70% the month before that.
Bitcoin is not permitted to exist because various governments are bitcoin-friendly or pledge to support innovation. Bitcoin exists today precisely because it is distributed and decentralized, designed to outlast political institutions.