
MacroVoices #298 Jeff Snider: I agree with Janet Yellen and Jay Powell
Macro Voices
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Do You Think the Market Will Continue the Melt Up?
Dollar strength continues. All markets climb a wall of worry. I think what's going on here is the jeff snyder view about dollar scarcity, the brent johnson view, dollar milk shake theory. And i don't see any reason not to expect the market to continue the melt up a rightwell, let's touch on the dollar index case. What do you make of all the dollar strength? Well, patrick, i think you've already said most of it. The strength continues. We broke 96. Of course, you break a round number level like that, some people think it's going to be a top. They start selling. That's perfectly normal.
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