Monday, September 19, 2016

Goldman Sachs: US Dollar Headed Lower

Goldman Sachs Asset Management says a rally that propelled the dollar to a seven-week high will fizzle, reports Bloomberg.

A dollar decline, which I also believe will occur, will put additional upward pressure on prices. We are at the edge of a significant increase in price inflation as measured by government price indices. First stop 3% to 5% annual inflation.


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