Dollar up.....Dow down. It's not much more complicated that that these days.
In fact, here's a look at the recent correlation between stocks and the greenback using the PowerShares DB US Dollar Index Bullish (NYSE:UUP) as a proxy for the dollar
First, in the long term....
....then over the last 5 days.
Any questions?
Related Articles:
Roubini Predicts a Dollar Reversal
Dollar Vs. Euro: An Eye on the Euro and the Hottest Indicator on Wall Street
Warren Buffett on Investing in Gold
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