All About The Buck

At the end of the day, stocks are going to follow dollar yen.

And not much else matters.

102215yenemini

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102215pump

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Stronger dollar weakens  collateral value of Japanese and European balance sheets. But the market is simply discounting future money printing.

102215spxAD

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S&P breadth remains weak. In fact, breadth around the world is weak now.

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