Nordea: US dollar boom ahead

See the latest Australian dollar analysis here:

Macro Morning

The excellent chaps at Nordea with the note:

In our sister product, the week ahead, we mulled, if we are not experiencing something akin to a crack-up boom as the Austrian’s (Mises, Rothbard, …) describe it. The latest FOMC decision at least did nothing to assuage such fears – everything is transitory for Powell, it seems. From what we gather he’s kind-of right. At some point the sun will kill all life on Earth (7.5bn years into the future – unless Elon moves the planet…), but beyond that there’s likely heat-death of the Universe (we’re not as sure Musk can “fix” that).

Chart 1. Buy lumber, wear diamonds?(!)

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