Today’s Action

Author: Dan Chakonas  |  Category: Economy, Government, Investing

Almost on cue, today the Dollar is rising and taking the DOW down as a result. This is not healthy long term and is a serious problem. Stocks going up with a worthless dollar is pointless as is a strong dollar with stocks worth nothing. Eventually, there needs to be some stability in this relationship for long term prosperity. They do not need to rise together all the time, but what we have now is just not going to work for long term economic prosperity.

The Last 10%

Author: Dan Chakonas  |  Category: Economy, Government, Investing

The last 10% of the DOW’s rise has come at the expense of the US Dollar.

Meanwhile, Gold has surged during this same time period.