Goldman Sachs Bets Against The U.S. Dollar

On CNBC: Goldman Sachs bets against the dollar on ‘blue wave’ prospects and vaccine outlook

Goldman is still too positive on the dollar, and doesn't understand that a delay in a covid vaccine is also bearish for the dollar. Such a delay will lead to an even weaker U.S. economy, larger budget and trade deficits, and even more money printing.

More Stimulus Only Weakens The Economy Further

The misguided goal of the "stimulus" is to get consumers to spend more. But excess past consumption is why the economy is so weak now. We must reduce consumption to free up resources to increase capital investment and production. More spending only weakens the economy further.

Very appropriate that Larry Kudlow was wearing a mask when he claimed the V-shaped recover was going strong, but that the economy needed an additional $1.8 trillion in government "stimulus." The economy can't be simultaneously strong and also in need of massive government support.

Much darker days for the U.S. dollar lie ahead. It's going way down and taking the entire American economy down with it.