by Tyler Durden
Re-Posted From ZERO HEDGE Mar 27, 2017 8:48 AM
When the dollar was soaring, it was ‘unequivocally’ a reflection of the strength (or potential strength) of the US economy and its safe-haven, cleanest-dirty-short status. Since The Fed hiked rates for the 3rd time in 11 years, however, the dollar has done nothing but decline…
Erasing over 80% of post-Trump gains…
The Dollar Index has also plunged back to a 98 handle…
So is this “good” news? All those multi-national S&P companies benefit? We are sure Wall Street chattering heads will find a positive narrative any second now.
Centinel2012 