She was always the one.
All along it was the US dollar that was the best indicator.
So why should we abandon it now?
Look at the US Dollar Index overlaid with the short ETF for the S&P500.
In other words, when the blue line goes up, that means stock market shorts are making money (along with rising dollars). But when the blue line falls, that means the shorts are losing and people who own stocks are the ones making money (with dollars falling): [Read more…]