Leading into the 2008 recession, we saw an inverse correlation between the US Dollar and the Stock Market; while the dollar continued to fail, the stock market continued to rally. This eventually led to one of the worst recessions in modern American history. Similarly, in 2020, we are seeing that same disconnect that was present in 2007-2008, where the dollar and markets are moving inversely, which could begin to indicate that a macro correction in the market could be upon us this year.
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2020
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2020