One of my ongoing concerns is the (declining) level and future resiliency of the U.S. Dollar.
For reference, below is a chart that I find notable. It provides a comparison of the Euro (on the top plot) to the Dollar (found on the bottom plot) over the last five years:
(chart courtesy of StockCharts.com; chart creation by the author)
(click on charts to enlarge images)
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 1847.07 as this post is written
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