Tuesday, September 13, 2011

Chart of the day is...

...The Euro, dailies.

When you say "the dollar is strengthening", all you're saying is that the dollar is performing relatively better than the lump of crap that comprises a full 57.6% of the index you use to measure it.

Telling me "the dollar is strong these days" is like telling me a six year old kid is fast cos he beat a four year old kid over 50 metres.