‘Black-Eyed George’ Can’t Catch a Break From Dollar Debauchers

Takeaway: After a horrendous Q1 GDP print, shall we buy US growth in May and pray?

The US Dollar is on its knees (at year-to-date lows) following the massive 0.1% U.S. GDP miss. Incidentally, if all the so-called economic “weather experts” nailed the weather, why didn’t they nail this number?

Right now, it looks like both the currency and bond markets are front-running a Yellen “un-taper” in May. We shall soon see.

‘Black-Eyed George’ Can’t Catch a Break From Dollar Debauchers - george whacked

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