The Higher The SPX, The Lower The US Dollar
I want to tell the FED.
You can't have your cake and eat it too.
In the deflationary COVID world economy of today, the USA needs to have the US Dollar reign supreme to retain its kingpin status. But the higher the SPX goes, the FED has to cannibalize itself and weaken the dollar.
It seems like more effort has to be exerted to push SPX higher into the upper end of the stratosphere.
What will happen on Monday, 5/11/2020?
You can't have your cake and eat it too.
In the deflationary COVID world economy of today, the USA needs to have the US Dollar reign supreme to retain its kingpin status. But the higher the SPX goes, the FED has to cannibalize itself and weaken the dollar.
It seems like more effort has to be exerted to push SPX higher into the upper end of the stratosphere.
What will happen on Monday, 5/11/2020?
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