View of the Day: Don't write off the dollar

Source: traxfer.ft.com

There are a number of reasons why its too early to bet on a collapse in the dollar in 2010, says Donald Rissmiller at Strategas Research

Furthermore, the debt-to-GDP ratio remains below the 100 per cent level typically considered problematic. “While there has been some talk of an eventual US debt downgrade, the timeframe still appears to be several years away.”


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