Trump Victory: USD-Stocks 2016 vs Today
Trump-related market euphoria is driving markets to extreme levels.
The key question: how long can the dollar-stock correlation last?
In 2016, we saw a similar pattern around November — both the dollar and stocks rose, but once the dollar topped, stocks continued to climb.
Could we see a similar dollar reversal this December? The current sharp move in stocks could attract more investors, sparking extreme optimism. This might ultimately set up a very different outcome in 2025.
For more analysis check our video below or visit us at www.wavetraders.com
On the date of publication, Gregor Horvat did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.