Tuesday, January 6, 2015

Gartman expects more Dollar strength vs Euro... Dollar bull market long way to go

Simply put, there are ample fundamental reasons for the Dollar’s strength and for the Euro’s weakness.

Further, we see nothing on the horizon that shall work against those trends, for the European economy is demonstrably weaker than is that of the US economy; the political situation here is calmer than is that of Europe and the monetary authorities in the States are not likely to move to become easier.

I think the bull market in the dollar has really only just begun. Of course there'll be corrections along the way.