Not to mention the USD seasonally bottoms in April/May after tax receipts fall due and rises into the end of the fiscal end of year in October.

Miss the daily hark. It was such an asset.

Expand full comment

Great, simple, $ chart - thanks!

Expand full comment

Yes, I agree...

We are making progress on Inflation, in the US, but it takes time....

Really hope the Fed is finished.....might be the smartest thing Powell has done.

Hard to see a Major Recession in the US with the Labor Market, this strong.

Expand full comment