In the last 45 years, there have been seven periods of persistent US dollar and Treasury bond weakness and as BofAML notes, during six of those periods, stocks have been pressured significantly lower.
This could be a problem, as it’s happening again… and stocks are beginning to wake up to it…
www.zerohedge.com/news/2018-02-23/when-bonds-dollar-sink-only-thing-can-save-stocks-qe
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