“You know what” = the vast reflated anti-USD macro
As DXY retreats in pre-market (along with short-term overdone 10yr & 30yr yields)…
…it is little surprise that markets tethered to Uncle Buck’s inverse view are rallying. Side bonus; so too is gold, owing to that easing in yields and to the fact that its sentiment profile has been being cleaned up since August.
But hey, I’m sure Cramer has been on it all along. Ha ha ha.
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