By Joe Weisenthal
In his latest note on comparisons between the current state of the economy and the Great Depression, Martin Armstrong provides a nice look at the dollar index between 1900-1950. Notice something? There were two dollar spikes, one corresponding with each wave of the great depression.
We’ve already had one dollar spike — corresponding with the peak crisis days of 2008-2009 — and now we’re getting another one. Hopefully we’re not experiencing the 30s all over again.
Continue reading Let’s Hope The Current Dollar Move Is Nothing Like Its Last Double-Spike
