There's zero evidence that this dollar up trend is over. The only thing that we've seen was a very short term overshoot. I think what is going to be really important to me is to see whether or not the dollar index gets bought on dip. If it can hold above a hundred hundred and one during little pull backs, then resumption of the bull could happen later in the summer.
MacroVoices Erik Townsend and Patrick Ceresna welcome Variant Perception CEO and head of market research Tian Yang to the show. They go through VP’s latest leading economic indicator research, and discuss whether the current equity rout signals an oncoming recession, or if it’s just a mid-cycle pullback. https://bit.ly/3aexnwM
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