Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
The empirical (Quad) takeaway from both the Global Currency and Commodities markets is that even on a “Dollar Up” week, plenty of Currencies & Commodities continue beat the US Dollar like a rented mule.
Have you ever beat a rented mule?
Probably not, but the analogy triggered something in that brain of yours, didn’t it? Sort of like #Quad2 = Buy Commodities, eh?
A) CRB Commodities Index inflated another +1.1% last week taking its 3-month inflation to +15.5%