Saturday, March 14, 2015

The surging dollar is a signal that a colossal financial event is just around the corner

http://www.businessinsider.com/strong-dollar-is-a-signal-of-a-major-market-event-rate-hike-2015-3

The conditions in global markets right now are a historical anomaly. Rates around the world have been cut 558 times since the collapse of Lehman, according to BAML. So even a small, steady series of interest rate hikes by the US Federal Reserve is a colossal change in the global financial system — one that's sending the dollar through the roof.

Read more: http://www.businessinsider.com/strong-dollar-is-a-signal-of-a-major-market-event-rate-hike-2015-3#ixzz3UOT7uaAW

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