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7/16/15

Updating on The Big Mac Index

It's been a while since I looked at The Economist's (in)famous Big Mac Index, which has been a proxy for the US Dollar PPP over the world economy for nearly 30 years and while imperfect (and adjusted along the way) is useful enough to have stood the test of that time. 

But today it got one of its regular updates so I went for a look. Here's the screenshot of the main graphic:



I don't think I've ever seen the USD look that strong in BigMac terms. And with the talk in financial circles the way it is, the USD is starting to look like the epitome of the crowded trade.

Go check out the text and the details (and the full dataset as well, they provide) by clicking this link right here.