Below is a brief excerpt transcribed from Friday's edition of The Macro Show hosted by CEO Keith McCullough and Director of Research Daryl Jones.
The Dollar was signaling a higher low, for the first time.
That doesn’t mean it’s going to be Quad 4, so don’t lose it this morning.
It means that this crash in the currency (and it really has been a crash, with a greater than 10% decline), is ending, at least for now.
This is a good spot to make sure you’re making the right decisions, considering we are at all-time highs and cycle highs in everything from Asia to Commodities, and back again.
As you can see in the inverse correlations, if you get the Dollar right, you can get a lot of other things right. So it is absolutely critical to get these Dollar moves right.
Again, sometimes it’s just a little move over a short period of time.
It’s not an opinion, it’s not a feeling, it’s math.
