Daily Archives: December 12, 2023

14Sep10:49 amEST

Europe Needs a New Marshall Plan

With the ECB raising rates again this morning and also lowering growth forecasts, the Euro is selling off against the Dollar.  On the Euro/Dollar monthly chart, below, I see no evidence of a long-term bottom in the face of a strong multi-year downtrend.  In fact, risk looks much lower here into 2024, as the European Union in general could...

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