04
Jan
16

The Dollar Keeps Growing In Strength. Thanks, President Obama

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Ari Alstedter: Obama Dollar Rally Is Forecast to Join Clinton, Reagan Upturns

The dollar has an opportunity to make history. After three straight years of gains, strategists are forecasting the U.S. currency will be a world beater again in 2016, strengthening against seven of 10 developed-world peers by the end of the year, according to the median estimate in a Bloomberg survey. That outlook is backed by the Federal Reserve’s stated intent to continue raising interest rates while peers in the rest of the world keep them flat or lower.

The rally that started during President Barack Obama’s second term is poised to join a category defined by only the biggest, most durable periods of dollar strength since the currency’s peg to gold ended in 1971. “This is the third big dollar rally we’ve had,” said Marc Chandler, global head of currency strategy in New York at Brown Brothers Harriman & Co. “The Obama dollar rally, I think, is being fueled by the divergence in monetary policy.” That comes after three straight years of gains for the U.S. Trade Weighted Real Broad Dollar Index, a monthly weighted average of the dollar against the currencies of its main trading partners compiled by the Fed back to 1973

More here

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123 Responses to “The Dollar Keeps Growing In Strength. Thanks, President Obama”


  1. 1 Dudette
    January 4, 2016 at 1:25 pm

    Hi There!

  2. 2 COS
    January 4, 2016 at 1:25 pm

    Thanks NW.

  3. 6 Dudette
    January 4, 2016 at 1:26 pm

    Happy FIRST Monday, TOD Family! 😀

  4. 7 Dudette
    January 4, 2016 at 1:27 pm

    Hi and Thanks Nerdy Wonka!

    Howdy COS!

  5. 10 Dudette
    January 4, 2016 at 1:28 pm

  6. 11 desertflower
    January 4, 2016 at 1:32 pm

  7. 20 Don
    January 4, 2016 at 1:33 pm

    #1 Dudette, impeccable timing as always.

  8. 22 Nena20409
    January 4, 2016 at 1:37 pm

    Wonderful Post, NW. Thanks a Billion 😉
    Congrats, Dudette and COS on your Twin Golden ⭐ ⭐ 🙂

    • 23 Dudette
      January 4, 2016 at 1:59 pm

      Thanks Nena!

    • January 4, 2016 at 3:10 pm

      You know, I got fed up with P. Krugman a little way into the president’s first term, but fair play, he has acknowledged some things he was wrong about and has steadily pumped the president’s economic policies ever since. This article is a perfect rebuke to those who say all parties are the same, and the people who are disappointed because PBO didn’t hang, draw, and quarter the ‘banksters’ and stick their bleeding heads up on pikes all down Wall Street.

    • 25 Nerdy Wonka
      January 4, 2016 at 4:57 pm

      🙂

  9. 26 Dudette
    January 4, 2016 at 1:40 pm

  10. 27 Dudette
    January 4, 2016 at 1:41 pm

  11. 29 Nena20409
    January 4, 2016 at 1:43 pm

  12. 32 Dudette
    January 4, 2016 at 1:45 pm

  13. 33 Dudette
    January 4, 2016 at 1:46 pm

  14. 35 Don
    January 4, 2016 at 1:50 pm

    You know, it just occurred to me that some of those people in the militia in Oregon know full well that President Obama has no qualms about ending their siege one way or the other. And I suspect alot of Republicans know this as well.

  15. 36 Dudette
    January 4, 2016 at 1:50 pm

    In case you need it. 🙂

  16. January 4, 2016 at 1:55 pm

    I am concerned about the do-nothing approach the FBI and law enforcement is taking with this terrorist act. It’s a very bad message to other domestic terrorists. It’s also a very bad message that if you’re a white supremacist terrorist we won’t touch you, but if you’re black or Muslim, we will kill you. Right now there is free access to this site, free electricity and water, free communications for material support. In fact there is no siege at all.

    • 38 Don
      January 4, 2016 at 2:24 pm

      “It’s also a very bad message that if you’re a white supremacist terrorist we won’t touch you, but if you’re black or Muslim, we will kill you.”

      Bill, you call it bad messaging, I call it the way life is in America if you are white, black, brown, and Muslim. This is the history of our country; it has to change one way or the other. You have a major political party that has invented new ways of calling the first black President a N****r, and the most sad thing about this siege is that more people are willing to give this militia the benefit of the doubt than gave Tamir Rice the benefit of the doubt. Now the cynic in me says we should end this siege by any means necessary. But if there’s a way to end it without blood being spilled then we should try it.

    • January 4, 2016 at 2:32 pm

      read Bill Rs comments…

      i do not know what the plan is….i am not sure what the plan should be…but i do see the poignant point you are making…
      but i do not feel that law enforcment going in blazing is the answer…perhaps cutting their life support would make them desperate and dangerous…and rather than surrender…they would do something even more stupid…esp as they left notice that they are ready to die

      • January 4, 2016 at 2:39 pm

        Obviously they are playing it cool and have some idea of an endgame without violence. But at minimum they can block the road, block re-supply, stop new terrorists from joining them, block communications, cut the power, and isolate them. People are coming and going as they please, holding press conferences. There appears to be no protection for other people who live in the area. I don’t like it at all. And if there is a surrender, each one of those terrorists and those who support them, need to face trial. No amnesty, or they will just keep doing it.

        • January 4, 2016 at 2:48 pm

          ..are these Federal Marshals or local sheriffs….is law enforcement sympathizing with them

        • 42 CEB
          January 4, 2016 at 3:15 pm

          If they were Black or Brown this and more would have been done. By now there would be wailing in the streets and funerals being planned. So tired of the double standard in this country where only White lives matter.

  17. 43 desertflower
    January 4, 2016 at 2:02 pm

    will someone please post this? TY

  18. 47 JER
    January 4, 2016 at 2:02 pm

  19. 48 JER
    January 4, 2016 at 2:08 pm

  20. 49 Dudette
    January 4, 2016 at 2:09 pm

    It’s frustrating that this has gone on for so long, but I don’t think going in with guns blazing, creating 150 martyrs for their ilk to rally over is the best answer either.

    • 50 Nena20409
      January 4, 2016 at 2:13 pm

      Their main Focus since Jan 20th, 2009.
      Hate is driving them insane.

      • 51 Vicki
        January 4, 2016 at 2:27 pm

        Evidence for Nena’s belief that RW America is insane can be found in the first Trump Video TV ad released today. The Donald doubles down on fear and hate in his ad. Very alarming to me.

    • 52 SUEDUVALL SMITH
      January 4, 2016 at 3:05 pm

      IT’S JUST A SHAME THEY GET THE PRESS BECAUSE IT BUILDS THEM UP WITH OTHER COUNTRIES. PERSONALLY..I WOULD GET THEM OUT SO THAT PEOPLE IN THIS COUNTRY AND OVERSEAS UNDERSTAND IT CAN’T BE DONE IN THE UNITED STATES.

  21. 53 Nena20409
    January 4, 2016 at 2:11 pm

  22. 54 Nena20409
    January 4, 2016 at 2:16 pm

    This will be a Game Changer…….especially, if Cost is reasonable.

    • 55 Dudette
      January 4, 2016 at 2:46 pm

      How cool would it be to have those windows and these solar freakin’ roadways! 😎

    • 59 CEB
      January 4, 2016 at 3:13 pm

      Wow! I want this now!

    • 60 MightyPamela
      January 4, 2016 at 4:25 pm

      Amen, and long ago I wondered why cars do not have solar collection panels on the roof, to better power the engine. Oh, yes, silly me, how could I have forgotten BigOil??? (Seriously, MP, get a grip.) We are surely 40 years behind in all efforts to get free of fossil fuels; without PBO going the full mile to make sure the economic infrastructure doesn’t collapse, leading to mass fear and shortage, there would not be a foundation to begin the rebuilding. When I hear people (such as thebern) screaming to let it all collapse, I hear insanity at a high pitch. Just saw on FB a guy likened thebern to Jesus Christ, if you can wrap your head around that idea!! As if he can effect a miracle or a few thousand miracles, pixie dust, magic wand, everything gwanna be irey… meanwhile, no one will be hungry, cold, out of work, etc etc. Etcetera. President Carter was the first (I believe) to introduce the idea of sustainable alternatives to fossil fuels, and they tore him apart. We all pay the price, our children and our grandchildren pay the price. Things have got to speed up, I know PBO knows this, I have no question he sees the future more clearly than most. ❤

  23. 61 arapaho415
    January 4, 2016 at 2:20 pm

    GM/GA TODville.

    Glad to see @MartinHeinrich, who authored a passionate Op-Ed last year in NYTimes (IIRC) on how important it is not to sell off federal land to the highest (and greediest) bidder:

  24. January 4, 2016 at 2:22 pm

    in other words they are not much of a threat…and certainly not worthy of sending out the armed forces…in a few words the President has put them in their place….BRAVO

    • January 4, 2016 at 2:28 pm

      after posting this…

      i read Bill Rs comments…

      i do not know what the plan is….i am not sure what the plan should be…but i do see the poignant point you are making…

      • January 4, 2016 at 2:30 pm

        but i do not feel that law enforcment going in blazing is the answer…perhaps cutting their life support would make them desperate and dangerous…and rather than surrender…they would do something even more stupid…esp as they left notice that they expected are ready to die

        • January 4, 2016 at 2:42 pm

          Allowing supplies and new terrorists to join them, giving them free access to the air waves is not the way to end this.

          • January 4, 2016 at 2:45 pm

            And giving them amnesty should be completely ruled out. Complete incentive for them or others to repeat it.

          • January 4, 2016 at 2:45 pm

            i feel that as well….i do not know what the plan is

            • January 4, 2016 at 2:55 pm

              Admittedly I have personal feelings about this. I grew up in Klamath Falls, on the east side of the mountains in Oregon. I grew up using public lands for hiking, camping, and fishing. We used to pull off nearly any roadway in Eastern Oregon and were able to pitch a tent. I have friends who have lived in Burns, been through there many times, and been to the Malheur Refuge with my family, out running at sunrise through the refuge and watching the game, deer, birds, ducks and geese, coyotes. I get really riled that a group of outsider yahoo haters can simply come in and take over and close it off to public use, terrorize the people of Burns and countryside. And what they want to do is take it away from the public and let some rich billionaire own it all. Meanwhile the Eastern media outlets consider it all a joke. And the FBI apparently is shrugging their shoulders and doing nothing.

              • January 4, 2016 at 3:45 pm

                The President said that it was a local issue…i think that he wants to down play the sedition issue….to give them as lil recognition as possible…but i do agree with that there has to be consequences…

              • 70 GGail
                January 4, 2016 at 4:10 pm

                Bill, I hear your frustration and I think we know PBO well enough by now to know that while he’s saying it’s a “local” situation, that he & AG Lynch are planning a strategy.

                Trust Barack

          • January 4, 2016 at 2:48 pm

            i can understand how you feel on this….when these things happen i always feel that there is info that i do not know about

            • January 4, 2016 at 2:58 pm

              I would like to trust the FBI and law enforcement but they really mishandled the Bundy ranch incident and there were no consequences for the terrorists in that situation. It’s kid gloves when handling the angry white guys.

  25. 73 Dudette
    January 4, 2016 at 2:34 pm

  26. 75 Don
    January 4, 2016 at 2:38 pm

    Has Hillary or #FeeltheBern made a statement about those campers in Oregon?

  27. 76 Vicki
    January 4, 2016 at 2:39 pm

    Why the 2016 Democratic Iowa Caucus is Not like 2008:

    1) Senator Sanders is not Senator Obama, (to put it mildly)
    2) In 2008 the Caucus was January 3 and the colleges were out on Holiday.
    In 2016 the Caucus date is February 1 and schools will be in full swing. College campuses open and buzzing.
    3) In Iowa you can register to vote up until 10 days before the Primary Caucus. Colleges can register students and work on GOTV.

    Whether these factors will benefit either Hillary or Bernie or nobody remains to be seen.

    • 78 Dudette
      January 4, 2016 at 3:06 pm

      Wooooooot! Love it!

    • 79 CEB
      January 4, 2016 at 3:20 pm

      Yes! I have been so afraid that we would fall back into our wasteful and short-sighted ways because the cost of gas is so low. Good to know that we are still going for non- fossil energy sources.

  28. 80 SUEDUVALL SMITH
    January 4, 2016 at 3:03 pm

    LISTENING TO PBO AT THE MEETING W/ LL……………….SENT TOWN HALL INFO TO MY FB…TOLD THEM TO WATCH IT INSTEAD OF RELATING FALSE INFO..I AM SO EXHAUSTED ANYMORE BY THESE PEOPLE AND EVERYTHING ELSE!

  29. 81 JER
    January 4, 2016 at 3:05 pm

  30. 85 desertflower
    January 4, 2016 at 3:10 pm

    The stupid burns

  31. 88 desertflower
    January 4, 2016 at 3:13 pm

    No wonder why Republicans like Putin.

  32. January 4, 2016 at 3:16 pm

  33. 92 forus50
    January 4, 2016 at 3:20 pm

  34. January 4, 2016 at 3:22 pm

    • 95 nathkatun7
      January 4, 2016 at 7:22 pm

      Great tweet, Tally! I’ve been saying the same thing. Militias are organized and sanctioned by the government to protect communities/states/ nation in response to domestic insurrections or foreign attacks.

  35. January 4, 2016 at 3:24 pm

    Bundy terrorists putting out national call for more terrorists to join them. Road is open, no opposition from FBI or law enforcement.

    • 97 Don
      January 4, 2016 at 3:29 pm

      That’s a good idea, maybe the FBI should sit back and wait until all the militia from far and wide come to join the fight and then unleash Seal Team Six on all their asses.

    • 98 Linda
      January 4, 2016 at 3:30 pm

      They better stay off those Gubmint Interstates which were built from ” taking ” the land under eminent domain. They better stay on private dirt roads only.

  36. 99 JER
    January 4, 2016 at 3:26 pm

  37. 100 57andfemale
    January 4, 2016 at 3:28 pm

  38. 101 JER
    January 4, 2016 at 3:34 pm

  39. January 4, 2016 at 3:37 pm

    Law enforcement is going to have a really big mess on their hands.

  40. January 4, 2016 at 3:38 pm

  41. January 4, 2016 at 3:40 pm

    And, if this were Cam Newton?

    Yeah, I thought so.

    • 110 GGail
      January 4, 2016 at 4:20 pm

      Or any other black athletic that has “alleged” charges. They are talked about by the commentators every chance they get during a game. But when it comes to the Great White Hope – it’s hands off

  42. January 4, 2016 at 4:07 pm

  43. January 4, 2016 at 4:09 pm

    Just have to ask ….

    And, keep on asking …..

    • 114 edp4bho
      January 4, 2016 at 4:15 pm

      I agree with you !

    • 115 GGail
      January 4, 2016 at 4:22 pm

      Bob, I do believe that PBO is discussing options with AG Lynch, he’s just not ready to publicly make an announcement. And I have no doubt that both he & AG Lynch are acutely aware of the race issue that’s being played out.

      Trust Barack

  44. 116 forus50
    January 4, 2016 at 4:25 pm

    The reason why we live in the land of fear, the paranoid and doomsayers.

  45. 117 forus50
    January 4, 2016 at 4:48 pm

    A June 2014 news story from NBC. Even more true today.

  46. January 4, 2016 at 4:49 pm

    RE: #BundyTerrorists. I do trust PBO to do the right thing, when given the right information. I don’t trust James Comey, head of FBI to give the right info or do the right thing. He has not done right on the #BlackLivesMatter issue nor on the #BundyRanch issue.

  47. 120 Dudette
    January 4, 2016 at 5:25 pm

  48. 122 amk for obama
    January 4, 2016 at 8:20 pm

    why can’t hillz, dnc and other dems call out the thugs blatant bs like this?

  49. 123 Ladyhawke
    January 4, 2016 at 8:36 pm


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