At Cross Purposes

An engineered dollar rally stemmed equity weakness (and gold strength.)  But a longer-term dollar rally will not be equity market positive, in fact it's quite the opposite as the money pump chart has shown us over time.

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An engineered dollar decline saved equities in January 2016

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But the patient has not been responding to that medicine in the past month.  Now we're seeing engineered dollar strength.

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That dollar strength, in part, to get the gold genie back in the bottle.  But isn't the Central Banks now fighting against themselves?  Continued dollar strength will kill equities.  More charts and a video discussion inside!

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