Cartoon of the Day: Bulking Up

As a matter of #process, Mondays are the days we contextualize the prior week’s macro moves within our multi-duration and multi-factor framework.

Let’s start with FX and our #StrongDollar call:

1. US Dollar Index was up another +0.5% last week to +3.3% YTD and remains Bullish TREND @Hedgeye
2. Euro (vs. USD) was down another -0.8% last week to -3.6% YTD and remains Bearish TREND @Hedgeye