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Top manager Hussman: "Abrupt collapse" in the dollar coming
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Tuesday, August 24, 2010
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From The Guru Investor:

In his latest market commentary, top fund manager John Hussman continues to express a bearish view, and says that more quantitative easing by the Federal Reserve is likely to trigger "an abrupt collapse in the foreign exchange value of the U.S. dollar."

Hussman offers something of a primer on exchange rates, and concludes by saying, “The policy of quantitative easing is likely to force a large adjustment on the U.S. dollar because the Federal Reserve is..."
 
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More from John Hussman:

Top manager Hussman: Huge risk of a market crash

Top investor Hussman: Four signs the economy is in big trouble

Top manager Hussman: Stocks cannot avoid a painful correction

Topics: Guru | US_dollar | Cruxallaneous
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