{"id":437,"date":"2010-06-08T10:57:00","date_gmt":"2010-06-08T14:57:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=437"},"modified":"2018-08-18T17:50:44","modified_gmt":"2018-08-18T21:50:44","slug":"dollar-appreciation","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/06\/08\/dollar-appreciation\/","title":{"rendered":"Dollar appreciation"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Not that it is a consolation to those of you who have followed my &#8220;buy now&#8221; advice of the last month, but the U.S. dollar is appreciating very strongly relative to the euro.\u00a0 Recall that one of the reasons I was confident that U.S. stocks would do well even if there were an economic crisis in Europe was that there would be a flight to quality.\u00a0 That is, folks would sell Europe and buy the United States.\u00a0 That has partially happened as represented by the decline of the euro and the appreciation of the U.S. dollar.\u00a0 However, it seems that folks holding the U.S. dollar have so far not plunked their cash into U.S. equities.\u00a0 In other words, we are half way (and a critical half at that) to fulfilling my investment thesis.\u00a0 Yet, once there is some certainty in the strength of\u00a0U.S.\u00a0economic data &#8211; which <strong>is<\/strong> very likely forthcoming\u00a0&#8211; there should be some movement into U.S. equities.\u00a0 More importantly, once investors have finished with their &#8220;fear puke&#8221; (a technical investment term), there should also be a strong move into U.S. equities.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not that it is a consolation to those of you who have followed my &#8220;buy now&#8221; advice of the last month, but the U.S. dollar is appreciating very strongly relative to the euro.\u00a0 Recall that one of the reasons I was confident that U.S. stocks would do well even if there were an economic crisis [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-437","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=437"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/437\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}