$SPDR S&P 500 ETF (SPY.US)$$USD (USDindex.FX)$ This article ...
$SPDR S&P 500 ETF (SPY.US)$ $USD (USDindex.FX)$ This article is echoing my thoughts as to why dollar strength is increasing. Economies (and markets) outside of the US are suffering while US exceptionalism persists. Foreign investors, buying US dollars, to buy US equities. However, I don't believe the US is immune to recession so what happens when we finally get to that point? 🤔 Imagine both domestic and foreign investors pulling their capital out of the US stock market at a record pace, each one trying to get out before the other. Could this lead to the ~50% correction multiple analysts have been predicting? Very likely. When will it occur? IF my technical analysis holds up, we could keep grinding higher until around the end of 2026. That's a big "if."
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