Friday, June 21, 2013

No Place to Hide

I have been wondering for well over a year when the day would come that there are no hiding places.

Yesterday was one such day: US equities down, Asia equities down, European equities down, Treasuries down, European bonds down, foreign currencies down, commodities down.

The one and only hiding place today is the one asset everyone loves to hate: the US dollar.

http://finance.townhall.com/columnists/mikeshedlock/2013/06/21/no-place-to-hide-n1623922?utm_source=thdaily&utm_medium=email&utm_campaign=nl 

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