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Commentary Topic from greenfaucet

When You Turn Bullish, Look Overseas

It hasn't held true in the long run, but over the last 6 months the dollar's rally has had a strong inverse correlation to the direction of the stock market. It makes sense in this environment because a nation's currency is a barometer which represents many things, including a nation's political stability. While the theory of decoupling has been shredded and the world's economies have jumped the track in unison, our currency has become like the old saying about capitalism: it's the worst except for all the rest.