Continued Dollar Strength and Inverse Correlation with Asset Markets
GS Goldman Sachs Group Inc
$897.18 +0.42%
View chart & analysis → - 1The Dollar Index has recorded an increase of nearly 4% since early September.
- 2Non-dealer entities sold $63.7 billion worth of S&P futures over six weeks.
- 3Asset managers sold $11.7 billion last week.
So what's the key point?
The value of the dollar has risen by about 4%. As a result, investors are selling assets in the stock market.
Source Real Investment Advice · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.