Almighty Dollar

(1) Trade-weighted dollar started lift-off last summer and has achieved escape velocity. (2) ECB and BOJ adding rocket fuel to dollar. (3) Euro/dollar parity, here we come. (4) Yen down 36%. (5) Commodity producers jumping off currency cliff. (6) Break out in the dollar could break something. (7) Foreign earnings could depress the profits cycle which drives employment and capital spending. (8) Odds still favor “one-anddone” or “none-and-done” for Fed if dollar soars higher. (9) Searching for oil-drop winners and strong-dollar losers.