The Dollar Is Close to a Top

I think that the dollar is close to a top, partly because I think that Fed policy as the market's got it priced in there 5% now. That's a 75 basis point hike in early November, and again in December, another rate hike early next year. Here's what I'm looking at. In Q1, the annualized rate of CPI was over 10%. In Q2, the annualize rate of US CPI headline was still above 10%. So I'm lookingat inflation becoming off.