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It's still all about the dollar and gold
Saturday, June 06, 2009
The 52-week gains/losses should get very interesting in a few months, after comparisons to the 2008 highs pass. But, for now, gains are still limited to the dollar and gold (via the WSJ.)
Note that, if treasuries were on this list, they'd show only a modest gain from a year ago.
1 comments:
Isn't this a bit misleading? The reference level for the "dollar" is a basket of currencies while the reference for everything else is the "dollar". So actually, over 52 wks everything is lower against the dollar except gold which is 7% higher.
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