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July 2017
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Dollar and stocks both down

                The inverse relationship trend between the dollar and equities is temporarily broken today.  Unfortunately, the trend broke in a negative manor.  Both the US stock market and its currency are trading weaker this morning.  What is interesting however is how the Witty-lady downgraded Government Sachs this morning.  As much as I don’t like the evil bankers, I don’t understand the downgrade.  Goldman Sachs is about to give 20 billion in bonuses this morning, most of it in stocks which means buybacks.  The way we see it, Goldman Sachs will head higher as long as the politicians remain in their pockets.

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