Wednesday 1 June 2011

Fidelity Counters Pimco, Goldman With Bullish Dollar View

http://www.bloomberg.com/news/2011-05-26/fidelity-counters-pimco-goldman-with-bullish-dollar-view-1-.html

“The value of the dollar is close to a bottom,” John Carlson, manager of the Fidelity New Markets Income Fund (FNMIX), wrote in a report yesterday on the company’s website. “I’ve never been more optimistic on the long-term prospects of the U.S. dollar and U.S. economy.”

SS says

I agree and think the USD is going to get much stronger.

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