claydoctor
Short

DXY, King dollar rules the roost

INDEX:DXY   U.S. Dollar Index
20 0 2
No rate hike this year, dollar sinks, with markets, because they should raise rates, but economy just is too weak, deflation fears now world wide, US and word wide. Oil             has to bounce, or half of the US oil             sector and some smaller nations oil             based will go bankrupt, or be bought - wait can you M&A a small country with a bigger one, oh yeh, that's called what again? so another reason for FED to wait, lesser of two evils. Dollar down, OIL             up, EURUSD             up, commodities up, especially gold             since it will have two winds behind it, fear factor (currency related), and commodity. Just when you think the FED can do nothing, they can do nothing and do something by it. Consumer is NET better off with high oil             . Sorry Saudis, oil             war is oil             war, and FED is fighting back. And stock wont like it if they actually have to do another round of QE             to stop a recession. Or will they?
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