Dollar Bull or Bear? Two New U.S. Equity Indexes Position Accordingly
July 22, 2015 at 10:53 AM EDT
The U.S. dollar has become one of the critical macro drivers of the markets. A weakening Japanese yen started some of this latest macro trade in 2012—as the yen weakened and Japanese stocks1 soared over the last two-and-a-half years. Currency influences returns of stocks or markets when in the case...