My crystal ball is as foggy as its ever been, but think they (at TAE) might be right.
I might have made a very foolish mistake, but have gotten out of most of my foreign currencies/sovereign bonds this past week. Will probably sell the rest within the next week or two. Not that I think the dollar has long-term fundamental strength, but because everyone is short the dollar right now, and the “anti-dollar” run-up (in stocks, commodities, real estate, etc.) looks like it might be coming to an end for now.
