As you may or may not have noticed the US dollar has been quite strong recently and so what you might think. Well earlier in the year there were concerns and companies reporting hits from the strength of Sterling. So now those with dollar earnings should have seen some respite and maybe even some benefit now depending on if they use average or period end rates.
Apart from the effects on overseas earners in the UK it also has potentially serious implications for the global economy and some emerging markets in particular. So I thought I would share with you some of the more interesting pieces that I saw on this recently. First up I had the last free version (shame) of Things that make you go hmm... by Grant Williams via Mauldin Economics. If you enjoy it, it does include a sign up option for when the paid for service launches, otherwise see page 6 for the summary and page 25 for the full piece about the dollar.
Second was the always entertaining and slightly controversial Market Oracle with his latest views on the $ and "other" things. Click the highlighted links above to read these if you want to and don't forget to open today's Advent Calendar window for some more dodgy music and a bizarre video from my youth, the clue is in the title again today, 2 points if you can name the band.