Another day under the protection of Trumpenomics, making things and people great again, and another sharp uptick in the dollar. While most of the layman, moron, media advertises this as a good thing, the truth of the matter is foreign governments are raking us over the coals — brazenly manipulating their currencies v the dollar to gain an unfair advantage in trade.
The dollar index is at new highs.
Our chief trading nemesis, Japan, has recently enjoyed a 14% reduction in the yen. Do you have any idea how badly that fucks us?
In spite of this windfall, Japanese shares have grossly underperformed in the US, primarily due to the sharp drop in the yen.
A reckoning is coming.
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I miss the fact Exodus used to give Oversold signals.. all OB means anymore is up.. but there’s been nothing doing since what? February? It’s such a snoozer I feel like Rip Van Winkle.. wake me in another 8. This bull may be old but it’s got fresh sources of money and there’s no top!
DX/Y headed to 107.
I can’t believe our central bank hasn’t busted japan on their shenanigans…. They’re just openly punking us at this point
Who cares because you have made a huge change. The rest evolves silently and slowly.
Nobody is cured of illness and recovers in a straight line, you have been very sick compared to your potential.
Fly, tighten up.