CHART OF THE DAY: How About That Strong Dollar Deflation?

Editor's Note: This is an excerpt and chart from today's morning strategy note written by Hedgeye CEO Keith McCullough. Click here to learn more and subscribe. 

...While inverse correlations continue to drive #Deflation in the CRB Index, Oil, and Gold, most of you already know that. The 180-day correlation between USD and Commodities (CRB) is -0.94. The 15-day correlation between USD and Gold is -0.92!

CHART OF THE DAY: How About That Strong Dollar Deflation? - z 07.13.15 Chart