awaythestone

Why the DXY matters and what it means for global markets

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The DXY will continue to rise and give way to the notion that America is still that shining city on a hill to the rest of the world, they value our wealth, the Europeans & their dismal fantasy, nay, depart from me redcoat and even as their pound revisits a medieval heritage, the Dollar has become king and will remain, however this is not a fortune of paradise but a warrant of death to any reckless greed that has fueled earnings reports over the last two quarters, to be short, no one and I say no one will buy a $4000 desktop this holiday, reckless greed has been abandoned by the world, there are no frivolous buyers to harpoon the market anymore and Q3 will be tragic

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