The Dollar Used To Rally With Stocks. That It Stopped May Signal Problems - News Summed Up

The Dollar Used To Rally With Stocks. That It Stopped May Signal Problems


By many measures, conditions appear ripe for a dollar rally. From election day Nov. 8 through the end of 2016, the 4.4% gain in the dollar index nearly matched the 4.6% rise in the Standard & Poor's 500. But the dollar, which often serves as a barometer of broader economic conditions, is also sending some troubling signals. Should Trump's policies not work as expected, gains in assets that have appreciated could be in jeopardy. The big concern would be for stocks where, Al-Hussainy notes, the stimulative impact "got baked into the equity market very quickly."


Source: Forbes March 21, 2017 19:18 UTC



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