The Most Hated Rally in History Just Won't Stop
The bull market in stocks that galloped on for a decade after 2009 was widely described as the most hated rally in history.
It took many by surprise (myself included), and came even as money flowed into bonds.
So it is a sign of clear positivity (or negativity for those of us who hate the rally) that Bloomberg’s dollar index, which compares the dollar to both developed and emerging currencies, has reached its 200-day moving average.
Survival Tip: Consider moving to Vancouver.
John Authers Bloomberg 3 June 2020
It took many by surprise (myself included), and came even as money flowed into bonds.
So it is a sign of clear positivity (or negativity for those of us who hate the rally) that Bloomberg’s dollar index, which compares the dollar to both developed and emerging currencies, has reached its 200-day moving average.
Survival Tip: Consider moving to Vancouver.
John Authers Bloomberg 3 June 2020
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