IKN

a consummation devoutly to be wish'd

USD long is now a very crowded trade

As is my normal weekday morning I’ve flicked through several biz oriented sites, some in Spanish, others in English. Countries of original include Chile, Argentina, Canada, Colombia, USA, Mexico, as well as international bizwire services. Every single one, somewhere on the front page, tells me how the US Dollar’s going higher from here. And yes, Deborah, my contrary flags are fluttering this morning.

UPDATE:

UPDATE 2: Friday afternoon:

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