The top chart shows the negative correlation between the US Dollar and the S&P 500 since mid 2008. If the Dollar has indeed entered a secular bull market as suggested by this chart above, then stocks might finally start heading down, finishing the bear market from 2000 in three years or so. The second chart comes from Smart Money Tracker, where you can read about the doomsday implications of Bernanke's inevitable meddling. |
“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.” ― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it