
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