When all the experts and forecasts agree – something else is going to happenAs Sam Stovall, the S&P investment strategist, puts it: “If everybody’s optimistic, who is left to buy? If everybody’s pessimistic, who’s left to sell?” (by Bob Ferrell).
At the moment, 95% of the experts and forecasts agree that US Dollar is going to CRASH or become toilet papers.
MyView
If everybody's pessimistic, who is left to sell? In economics, to achieve equilibrium is a myth. Market will always either overproduce or underproduce, over consume or under consume, over save or under save, over expand or under expand, over price or under price.
At the moment, majority thinks that US dollar is over valued. But they did not say over valued against what? Euro, Sterling, Yen or Yuan?
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