This is «bad news» if you happen to be a long -
term Dollar bull.
Not exact matches
Despite the recent price action,
bulls still believe the intermediate — longer
term trend in the
dollar is still lower, and that the recent strength in the greenback will reverse and fuel a rebound in gold.
Most
dollar bulls view the case in relative
terms: «It is the best house in a bad neighborhood,» as the saying goes.
The Jackson Hole Symposium failed to ignite a bounce in the Greenback, as some of the
Dollar bulls were hoping, as the long -
term trend in the currency continued today.
Similarly, I expect that in the event of a general
bull market in stocks, the fund will not shine so brightly in
terms of relative performance., The math of investing would favour the fund, however, over several
bull and bear market cycles because, on a percentage basis, lost
dollars are simply harder to replace than gained
dollars are to lose.