Dennis Gartman thinks U.S. stocks will continue to rally into the new year, even as the dollar appreciates:
“I think there’s going to be more than a Santa Claus rally,” Gartman, editor of the Gartman Letter, told Bloomberg radio in an interview today. “The trend is probably toward higher share prices and will continue after the end of the year.”
About the recent US dollar`s strength Dennis added,
"Like the proverbial hot knife through butter, the dollar is moving sharply and violently higher, most notably relative to the euro, and we are now more and more convinced that this is something more than a mere correction,"
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