/biz/ - Business & Finance

>>21946649
zoom out, also dollar down stocks up is good

>>21912502
DXY is too euro-heavy, it's skewed. Use the broad trade weighted index.

>>21912649
also **bears, god damn I'm fucking inversing myself here.

>>21911358
I think the original doombull thesis had a critical flaw. It assumes that the dollar will collapse, based on how DXY acted from April through July.

But if you look at the broad trade weighted dollar, it's still historically high. Possibly high enough to cause more liquidity problems. The TIC report showed that all those dollar swap lines the Fed created in March ended up BACK IN AMERICA – American subsidiaries of foreign banks got loans in dollars from their parent company, using the dollar swap lines from the ECB and BoC.

So there's still a global dollar shortage, despite Powell's alleged pumps.

Oh no! The dollar has collapsed to lows not seen since...January! What ever shall we do? Better buy worthless boomer rocks!


>>21901860
Of all the words of tongue and pen,
The saddest are these,
/pol/ is right again

HERE'S HOW TO CALL THE BOTTOM OF THE NEXT GLOBAL FINANCIAL CRISIS:

Take a look at this graph.

2008/2009 bottom: March
2008 USD peak: February

2020 bottom: March 23
2020 USD peak: March 23 (seriously)

When a GFC hits, the dollar spikes. When the bottom is in, the dollar starts sinking.