Friday, May 19, 2017

i have conflicting interests with the exchange rate...

personally, because i'm right on the border and party in detroit on a fixed income, i want a higher canadian dollar. my direct personal interest is in parity.

but, i recognize that the economic strength of the region i live in depends on a lower dollar - and also that the economic strength of the country over all demands a higher one.

i'm really pulled in a lot of directions.

but, it seems to me that the canadian dollar is trying to climb. every time a new report is released, it is accompanied by international headlines declaring a higher dollar. but, then trump opens his mouth and the canadian dollar falls.

it's a pattern, but it has to break. so, i'm putting out a call: stop listening to trump. look at the data.