FastSaying
Any bets on dollar weakness will be a bet that higher energy prices will divert consumer spending, which has been the motor for the economy.
Jeff Gladstein
Energy
Weakness
Will
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It's starting to appear that the Fed will continue to tighten and that bodes well for the dollar. We've seen the low in the dollar in the last week.
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These numbers tell you that the economy is humming right along through the holiday season. There will be no reason for the Fed to stop hiking interest rates, which is very supportive of the U.S. economy and the dollar.
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Ultimately we don't know how much this plan will raise energy prices.
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