The dollar bounced back to the near term trend line is all. It's down for the year and understandably so given the Federal deficit expansion. It was down last year too. At this rate Trump will be blaming China for making their currency strong not weak. The effects of the weak dollar is already a contributor to the rise in commodity prices including oil.

Wage inflation is not the cause for the inflation. Trade disputes and a weak dollar are more the cause. Growth is still chugging along at a slow pace other than inflation. Now is the time to re-shift into a more balanced stock position with regards to commodities especially in oil.

The dollar is already weak and that's the main reason for inflationary pressure, not labor shortage or strong economic growth. To counter this interest rates are being pushed up by the Federal Reserve and QE is being reversed. The issue is, if it gets bad they will use QE to buy up the excess Treasuries and then if demand doesn't pick up we are in trouble.

China will not destroy the dollar. We and our profligate Federal deficit spending will be the cause of a dollar unwind. The fact that others countries are looking for other currencies to store value is a symptom not the cause. China's currency aims are not the main problem mainly because no one wants to hold too much of it because it is not a free floating currency, China doesn't want to run mass deficits with a country so countries will be hesitant to hoard the currency for fear or repercussions, and there are trade restrictions.

Thus the US will remain the global trade currency, however, their ability to dump as much as they want in the global market will have further constraints as time goes on. It probably would be this way with or without China exchanging oil and gold futures in its own currency anyways.

Thus the message is clear. The US must realize their current behavior has consequences in the future and things will change with or without them changing. That said, we are ok for the foreseeable future although we could be in a much better position with lower, not higher deficits for one thing.

Agreed that a recession isn't in the cards this year. Inflation is also showing up which is opposite of a recession unless it gets out of hand.

The rise in commodities and commodity stocks are due to inflation not the main cause. You can also look at worries over the US dollar weakening from US debt levels rising, trade wars, and worries over oil in the Mideast. Oil may rise a bit from here, but I don't expect it to skyrocket to 100 or anything unless there is substantial new news. You can also look at the Federal Reserve raising rates and rising treasury bond yields.

Another-words, commodity prices are more a reaction than a cause of inflation right now. One thing worth looking at is the decline in oil reserves. This is good for oil but if it declines at a fast pace it shows signs that oil supply is getting wearisomely tight already.

Yes it looks like the bulls will run next week at least. I'm not sure and don't think it will get out of hand as there are many things holding up a giant all is clear sign. Bears beware.

Intel has been doing well and expectations are high. We will see if it can meet expectations here on out. It's a given that this quarter will be good for them and I think the bounce may be muted because of high forward expectation.

Give it time for everything to chug on. The market is still worried over trade war concerns because no one has yet said this is over yet. The other bigger concern in my book is inflation whether or not growth appears. Look to hedge by watching slow rotation into commodities which has already begun.

Two negative things can happen from here. The Federal Reserve gets antsy and raises rates too rapidly until they causes a downturn. Or inflation rises to the level where growth is merely inflation causing stocks to drop that can't grow faster than inflation. This doesn't have to happen, but they are risks.

The rosy outlook says the market adapts and grows with increased inflation and we get a few more good years in this long but slow growth cycle. This is also a real possibility.

Thanks for pointing out this company. Do you have details or insights about their technology and what distinguishes it from others or the business prospects of it? It looks like it has been doing well up to this point.

The author is right that blockchain has a bright future. With or without cryptocurrencies it will do well. The question right now is will cryptocurrencies now made in ever increasing amounts by anyone looking to profit off of a sucker survive. Regardless of what some say, there needs to be market regulation of this for the benefit of all those in the market.