| Giselle Bundchen's Dollar View & Technology: a Contrast |
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By Chip Hanlon By now, most market watchers have probably seen the comments from supermodel--I've always been intrigued by that term...what separates a regular model from a super one? Better yet is when they refer to themselves as one: "What do you do?" "I'm a supermodel..." but I digress--Giselle Bundchen demanding that she be paid in Euros instead of U.S. dollars. Good idea, bad? Maybe one could say it represents wise diversification if she ties up permanently with quarterback Tom Brady since he's paid his millions in U.S. dollars (are they still on? pardon if I'm behind the curve, Hollywood gossip isn't my area of expertise), but in reality it reminds of something else, an article I wrote in early 2005, right in front of a multi-month advance in the U.S. dollar. The point of that article? Just like today, everyone at that time--literally everyone--was certain the dollar was headed lower. Of course, the Greenback proceeded to rally nearly 15% in 2005...read more "Giselle Bundchen’s Dollar View & Technology: a Contrast" |
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