King dollar - the next casualty?
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You need dollars to buy tech during the bull phase. Sure, the current run up in markets have not been accompanied with the same dollar bull we saw during the dot.com bubble, but if this is the tech bubble bursting at an early stage, the dollar could get hit with a lag. Chart 2 shows the 2000 bubble. You have the rate differentials in favor of the dollar, but don't dismiss the latest tech puke...