Brazilian newspapers are chortling over the news that the famous dollar bear
, Warren Buffett, has made $100 million by betting on the rise of the Brazilian real against the dollar.
Our Pennsylvania organization began a Million Dollar Bear
campaign, in which retailers donate $1 for every Burke P.
From now on, under the legend "E Pluribus Unum," let the dollar bear
the sign of a frog.
The Edge marked a reunion for Hopkins and Bart, the million- dollar bear
who appeared with the star in one of his early films, Legends of the Fall.
The 9/11 shock, George Bush's fiscal stimulus and the Greenspan Fed's epic monetary easing then set the stage for the dollar bear
market that continued until late 2012, when Shinzo Abe became Prime Minister of Japan and I warned my readers to rethink their entire intellectual paradigm on dollar/yen.
If the Fed cuts rates by 25 basis points but strongly hints at the prospects of further cuts in the upcoming months then this should be bearish for the dollar, although the greenback may initially spike higher given the somewhat elevated expectations for a 0.50 per cent cut -- clearly some dollar bears
will be disappointed in this [likely] event.
If not, then it's more likely the US dollar bears
will continue to gain traction, selling off the dollar in favour of other safe-haven assets.
Though there is plenty of event risk out there this week that will give plenty of thought for dollar bears
,' said Ulrich Leuchtmann, an FX strategist at Commerzbank in Frankfurt.
are back The Greenback gasped for air on Thursday with prices temporarily reversing earlier losses after stronger-than-expected U.S.
In light of the less dramatic central bank "divergence", analysts have revised their views on the dollar, with a small minority of dollar bears
, and many dollar bulls revising down their dollar targets, said the report.