11/30/2006

Dollar Bounce



The Economist has an uncanny ability to time its covers. Last time it put disappearing dollar on cover the dollar rallied.

This was the cover in December 2004. Just look at the Dollar after that.


Immediately it stopped going down.

How about this in first week of June 2006.


The S&P and Dow stopped going down and rallied within few days of the cover hitting stand. This British rag has amazing timing sense.

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