Is bad news bad for the dollar these days or good? Today it was bad, but today is the anomoly. Retail sales are set for release tomorrow and should be bad. Really, really bad. A month over month fall of almost 2% is expected, a huge decline. Some of that fall will be due to lower gasoline prices, a good thing, but much will be from cut backs on non-essentials from all manner of consumers.
I’m gonna go out on a limb and say bad is the new bad…
