Cartoon of the Day: Dollar Up

Dollar Up, Stocks Down? Have you been increasing your asset allocation to US Dollars (and Cash) while reducing your allocation to Global Equities, Credit, and Currencies that are inversely correlated with USD?

That’s what you should be doing when the Global Economy undergoes a @Hedgeye Phase Transition from Quads 1 & 2 towards Quads 3 & 4. As a reminder, in rate of change terms, Quads 3 & 4 both have #GrowthSlowing whereas Quads 1 & 2 have #GrowthAccelerating.