Perfect Inverse Correlation Between the Dollar and the Dow

Karl Denninger – who is always worth reading – shares 2 stunning charts which show the inverse correlation between the dollar and the Dow:

That is an overlaid chart (as close as I can easily get them to register) on the dollar and The S&P 500 from the March lows to today.

Notice the near-perfect inverse correlation. The Dollar goes up, the market goes down. The Dollar goes down, the market goes up.

Now today, literally minute-by-minute:

Same correlation – near-perfect.

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