Weakening Stock Market Worsened By Strong Dollar

Weakening Stock Market Worsened By Strong Dollar

A weakening stock market is not going to be saved by a strong dollar this time. Yes, Europe and Japan and the U.K. have low yield and a much more dire economic outlook for the time being, but it is unlikely that asset managers there will be throwing money into the U.S. stock market for much longer. There is no near-term bottom yet. “What’s the pain point for the Fed here? We are at 3659 in the S&P 500 and …