The yen, yuan and euro, plus emerging markets such as Turkey are all potential victims of an extended U.S. dollar rally. In an eerie similarity, the spike in late 1996 to 1997 was 3 months, same as the current rally. The Thai baht imploded in July.
Lawler: Observations on the Recent Surge in Net International Migration
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Today, in the Calculated Risk Real Estate Newsletter: Lawler: Observations
on the Recent Surge in Net International Migration
A brief excerpt:
NOTE: Hous...
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