Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

I the grand scheme of things the world needs a lower dollar. I doubt that we see a sizable bounce anytime soon. Of course, I guess that depends on the definition of "sizable".

I don't see the dollar getting much higher than recent highs nor do I see oil going any lower than recent lows. I think the world is in the process of finally coming to grips with some of the realities that we should have been working on a long time ago. Unfortunately, democracies leave little incentive to take on the challenges of the future if there is the least bit of pain involved.