I cannot find Jen's article he referred above...may be not out y

As our colleagues Abhijit Chakrabortti and Stephen Jen outline in separate pieces, despite the US downturn, those factors lead to two paradoxical and out-of-consensus market conclusions: Outperformance in US stocks and a stronger US dollar (see Atonement – Navigating a US Recession and The Dollar Smiles in a Recession, December 10, 2007).