In Manhattan, it was a week of traffic gridlock, as President Obama tried to rally the world against ISIS.
In Syria, it was a week of shell-shock, as US F-15s and F-16s criss-crossed the nighttime skies.
And in currency trading rooms around the world, it was a week of the greenback, as the once-almighty US dollar cemented its comeback as the world's go-to investment.
As of Friday, the dollar was trading at a four-year high against a basket of world currencies, capping a 10-week winning streak not seen since Richard Nixon was in the White House and "The Godfather" won the Oscar.
That is bad news for ISIS, which is trying to fund its diabolical caliphate with petro-dollars. It is also Russian President Vladimir Putin's worst nightmare.
That's because Putin's expansionist ambitions are fueled by oil, and as the dollar goes up, oil prices come down.
Worse still for Putin, the dollar's gains have been most impressive against the Russian ruble. In fact, the Russian currency is off nearly 20 percent against the dollar this year.
This is all great news for American drivers and homeowners as we head into the winter heating oil season. "The US dollar is king," wrote economist David Rosenberg in a letter to clients last week.
The one caveat to King Dollar is its effect on US stocks. Equities in general are not a fan of dollar strength, since it damps blue- chip profits.
Big American multinational companies such as Exxon, GE, Ford and IBM, which get more than 40 percent of their sales from overseas, will come under earnings pressure — as the stock market forecast this week.
Here in the US, the resurgent greenback will help keep inflation at bay.
Yes, right now the US is the only game in town, and the rapid advance of the almighty dollar will probably turn out to be the dominant investment theme of 2014.
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