Ben, Meet John Maynard (You can call him Omniscient Mr. Keynes.)

Quickly, among the reasons we anticipate a multi-year US dollar bull market in the making is interest rate differentials. While the difference between interest rates in the US may not close significant ground versus all major central banks, we believe the current US yield disadvantage to the UK and Eurozone will narrow; and the advantage of US rates over Japanese rates will widen.