With the dollar falling once again, crude oil trading tumbling below $60 and continued uncertainty in global markets, today King World News wanted to take a step back and look at 4 of the most astonishing charts of 2015. The following charts are from the Wall Street Journal. The first chart below from WSJ shows that the Fed is well below its inflation target. So much for raising rates. Does this also open the door for additional QE?
Meanwhile, the second chart below from WSJ shows that Deutsche Bank believes that the U.S. dollar is now in the middle of a cyclical upswing. It will be interesting to see if the previous pattern of dollar rallies fails from here or the dollar continues to surge.
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