Wednesday, March 19, 2008

US Dollar and Stocks Not Linked? Think Again!


Think that the fate of the US Dollar and the stock market aren't linked? Think again! Thanks to Jack Crooks at Black Swan Capital for this chart. It shows the decline of the US Dollar and how closely related it has been to the stock market decline. The chart doesn't lie! The only question now is, "Which one is the chicken, and which one is the egg? Stocks or the Dollar?"

Here is a link to Jack's daily currency newsletter:

Currency Currents