It's official, the post-Trump-election gains in the dollar have now been 100% erased as the broad dollar index drops for the 8th day in the last 9 (down 2.4% in that period), to its lowest level since November 6th 2016 – before Trump was elected…
So now we assume the narrative flips from "strong dollar" means "strong economy" to "weak dollar" is "great for multinationals" – either way – you buy stocks stupid.
via http://ift.tt/2qbPdnx Tyler Durden