Before we present the MPI, here’s another quick look at the Swiss franc compared to the USD. SFr 50 now equals $52.07, so the dollar has fallen again. Sigh.
It’s no surprise the market has gone up this week. See the previous post on the Scott Walker victory. The monkeys who picked the stocks in our MPI, who don’t understand politics or economics, are pretty relieved. They were just about ready to slink back into the jungle. But things are looking up again: