You may have noticed that since mid-2014, the U.S. Dollar has been gaining a lot of strength with its value rising versus global currencies, after getting crushed in late 2008 and bottoming out in 2011.
This Is What It Looks like When “Doves Hikes” – Market Takes Telegraphed Quarter Point Raise in Stri
The Federal Reserve—big surprise—finally pulled the trigger on the much anticipated rate hike.
The investment landscape has changed considerably, in the past several years, with U.S. stocks soaring to levels widely considered to be overvalued with the no-less-than Nobel Prize winner, Dr. Robert Shiller — noted author of the prescient “Irrational Exuberance” — publicly speculating several times this year that we may be in a bubble.
After a furious rebound in October, the global markets have pulled back hard thus far in November.
Equities are riding the momentum of better-than-estimated corporate earnings.