{"id":68825,"date":"2009-12-07T10:37:00","date_gmt":"2009-12-07T15:37:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-vaunted-dollar-correlation-is-dead-2009-12"},"modified":"2009-12-07T10:37:00","modified_gmt":"2009-12-07T15:37:00","slug":"the-vaunted-weak-dollar-correlation-is-dead","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/68825","title":{"rendered":"The Vaunted Weak Dollar Correlation Is Dead"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b1d1d660000000000e613c7&amp;maxX=400\" border=\"0\" alt=\"gold\" width=\"400\" \/><\/p>\n<\/p>\n<div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>The dollar is rallying.<\/p>\n<p>&nbsp;<\/p>\n<p>Shouldn&#8217;t stocks be falling according to the all-important weak dollar correlation we&#8217;ve been fed by traders and pundits over the last few months?<\/p>\n<p>It was supposed to explain everything.<\/p>\n<p>Well like most correlations, it seemed right until it simply wasn&#8217;t. It will probably seem right again in the future.<\/p>\n<p>Thus the dollar is up today against most major currencies, while U.S. stock indices are rallying at the same time.<\/p>\n<p>Gold continues to sell-off, down almost another $30, to $1,140. The short-term chart above looks pretty ugly.<\/p>\n<p>Yet not all commodities are in bad shape. Natural gas is rallying over 6%.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/the-vaunted-dollar-correlation-is-dead-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-dont-panic-well-keep-buying-tons-of-dollars-2009-12\">China: Don&#8217;t Panic, We&#8217;ll Keep Buying Tons Of Dollars<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/dollar-makes-a-second-intra-day-rally-2009-12\">Dollar Surges Ahead Of Lunch<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/did-todays-jobs-report-kill-the-dollar-stocks-correlation-2009-12\">Did Today&#8217;s Jobs Report Kill The Dollar-Stocks Correlation?<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/gEXV43WytYc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar is rallying. &nbsp; Shouldn&#8217;t stocks be falling according to the all-important weak dollar correlation we&#8217;ve been fed by traders and pundits over the last few months? It was supposed to explain everything. Well like most correlations, it seemed right until it simply wasn&#8217;t. It will probably seem right again in the future. Thus [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-68825","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/68825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=68825"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/68825\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=68825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=68825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=68825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}