SELLING ON THREAT TO POWELL – DOLLAR, STOCKS, AND BONDS FALL; GOLD AND YEN RISE
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Fed Independence
Please click here for a chart of the dollar index (DXY).
Note the following:
- The chart also shows gold ETF (GLD), Japanese currency yen ETF (FXY), S&P 500 ETF (SPY), and 20+ year Treasury bond ETF (TLT).
- The chart shows the dollar is falling.
- The falling dollar is leading foreigners to sell bonds. The chart shows bond ETF TLT is falling.
- Falling bonds are leading to a selloff in stocks in the early trade. The chart shows S&P 500 ETF SPY is falling.
April 21, 2025