The bull market continues as stocks keep making making new highs.
This is what happens in bull markets, stocks regularly go up.
The Dow Jones Industrial Average is making new all-time highs every day. The S&P500 and Nasdaq are right there too.
And the list of stocks on the NYSE hitting new highs is the longest its been in over 30 months.
But what’s driving these stock prices?
It’s not earnings. It’s not the Fed. It’s not the biden.
It’s the Dollar. It was always the Dollar.
When the Dollar is weak, stocks go up. It’s that simple. And when the Dollar is strong, stocks have a hard time making any progress: [Read more…]