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  • Risk Aversion Returns!

    In This Issue..

    * Spending outpaces Income...

    * Risk assets get sold after Spending report...

    * Aussie data is strong...

    * Canada's Current Account Deficit Widens...

    ...
  • German Investor Confidence Declines...

    In This Issue..

    * Risk makes a comeback... At least today!
    * ZEW / German Confidence slips 5th consecutive month...
    * Something scary at the Treasury auction...
    * Popping the ego bubble...

    Good day... And a Terrific Tuesday to you! Thanks to all who sent along their thanks for my Valentine's Day Special Pfennig... It's not what I wanted to send you, but what I had to do, to properly inform you of what's going on... You know, I've been accused by more than a few people over the years as being a cheerleader for the currencies, and doing nothing but reporting bad news for the dollar to promote the currency business here at EverBank.

    You know... If all I ever report is bad news, then maybe that's all there is! But... I've fought those things for years, and this is but one more time, that I've warned about something regarding currency values......