One of my ongoing concerns – and one that I have written of extensively – is the 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 (depicted as the U.S. Dollar Index, found on the bottom plot) on a daily basis, with price labels, over the last five years:
(chart courtesy of StockCharts.com; chart creation by the author)
(click on charts to enlarge images)
The Special Note summarizes my overall thoughts about our economic situation
SPX at 2065.30 as this post is written