Monday, December 19, 2016

Cover Meltdown

Times are tough now
Just getting tougher
This old world is rough
Keeps getting rougher
--Bruce Springsteen

The magazine cover indicator was working overtime this election season, producing some truly epic specimens of 'common wisdom' being spectacularly wrong. Witness, for example, Time's doubling down on Trump:

And Newsweek granting Hillary Clinton her "Dewey Wins" moment:

Now, on the financial front, we have media jumping on the strong dollar bandwagon:

Cause for pause for those long the USD in size...

position in USD

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