Possible:
First, we noted the implications for a higher greenback on the crowded carry trade. Hedge funds
were long “risk assets” in size entering this year, funded by the “cheap” dollar (the DXY has rallied 13% since the beginning of December). You haven’t heard much about this in the mainstream press and perhaps it won’t come to pass (given the staunch state of credit), but it most certainly should be on our collective radars.