DXY has definitely snapped to the downside right to the brink of the pattern. Pattern could fail and we'll see it crackle lower or Pop to the upside. 90.1 is the level I'm watching. IF it falls below its over and I'd expect DXY rest of the year in the 80's with SPY jumping to 454. IF DXY pops I expect a broad market correction.
What happens to CAPM when there is no risk in Market premium, assets are prices on Beta, or momentum only. Issue with that is that there is no discount and growth is capped by inflation alone. However, no one can beat inflation in the end as it will always out pace asset prices in a "riskless" market. Let me hear your thoughts. Going to be an interesting summer no?
What happens to CAPM when there is no risk in Market premium, assets are prices on Beta, or momentum only. Issue with that is that there is no discount and growth is capped by inflation alone. However, no one can beat inflation in the end as it will always out pace asset prices in a "riskless" market. Let me hear your thoughts. Going to be an interesting summer no?
