Subject: Re: Control Panel: Trend changes in 2026
...purely economic trend changes in 2026...

One to note...at the moment the US dollar has resumed its slide. Down 1.2% year to date.

I'm not predicting which way things will go in future, but it's interesting to note.

The trade weighted US dollar is down 10.45% since the start of last year against the typical big currency. So anybody whose portfolio made 10% since then measured in US dollars did worse than (say) a guy with some euro and sterling banknotes stuffed in a drawer. Especially if you had to pay tax on some of that 10%.

Jim