All other currencies bend the knee when King Dollars walks through the thoroughfare. I think it’s fair to say the dollar weakness, that so many of you FUCKING IDIOTS claimed was upon us, has been revoked.
Thanks to a recent surge in American economic confidence, people are coming around to the idea that the Fed will hike rates again. Also, and most importantly, all other currencies are complete and utter shit. As such, safe havens are all the rage.
Personally, I prefer the ark, via TLT.
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I sold a small portion of my TLT and bought some EEM this morning as it triggered a buy on my macro model after yesterday. Good luck, Sir Fly.