They Say There Is No Link… COME ON!
April 04, 2011 at 14:18 PM EDT
The gang in Washington has said time and time again that there is no link between the sinking U.S. dollar and global inflation. OK, so let’s say we believe that. How about the inexplicable link of the Euro/Dollar to the movement in the S&P 500? The correlation (daily basis since April 2008) is .46 and [...]
