Instant Dollar Insight: #GrowthSlowing Data vs. Draghi QE

"The Bond Market doesn't give a damn about US stocks up," Hedgeye CEO Keith McCullough said yesterday, as stocks soared higher and 10-year U.S. bond yields hovered near two handle.

We're obviously keeping a close eye on the U.S. dollar (which fell in recent months on #GrowthSlowing data and bounced yesterday on Draghi ECB dovishness)...

As McCullough wrote earlier this morning:

"Draghi rang that #cowbell and macro markets absolutely ripped – gotta love that, even though people will realize it’ll perpetuate as opposed to arrest #deflation (see our research note from last night); here’s a visual on USD during #GrowthSlowing data vs. Euro QE."

Instant Dollar Insight: #GrowthSlowing Data vs. Draghi QE - 10 23 2015 usd