Dollar Collapse Continues - Over 80% Of Post-Trump Gains Gone

Tyler Durden's picture

When the dollar was soaring, it was 'unequivocally' a reflection of the strength (or potential strength) of the US economy and its safe-haven, cleanest-dirty-short status. Since The Fed hiked rates for the 3rd time in 11 years, however, the dollar has done nothing but decline...

Erasing over 80% of post-Trump gains...

The Dollar Index has also plunged back to a 98 handle...

So is this "good" news? All those multi-national S&P companies benefit? We are sure Wall Street chattering heads will find a positive narrative any second now.

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BandGap's picture

Donald J Trump

Stocks rise
And people forget
The spray flies as the speedboat glides
And people forget
Forget they're hiding
Melenia smiles
And people forget
The snow packs as the skier tracks
People forget
Forget they're hiding

Behind Donald J Trump
Donald J Trump, he's a put on
It's Donald J Trump
It's Donald J Trump, he’s a put on
Donald J Trump
Donald J Trump, he's a put on
Donald J Trump
It's Donald J Trump
It's Donald J Trump, he's a put on
He's a put on, he's a put on, he's a put on

Come and join a party
Dress to kill
Won't you come and join the party
Dress to kill, dress to kill

Drinks flow
People forget
Stuart Varney spins, his hair thins
People forget
Forget they're hiding
The news slows
People forget
Their shares crash, hopes are dashed
People forget
Forget they're hiding

Behind an Donald J Trump
An Donald J Trump, it's a put on
It's just an Donald J Trump
Donald J Trump, he's a put on
Donald J Trump
Donald J Trump, he's a put on
Donald J Trump
He’s Donald J Trump, he's a put on
He's a put on, he's a put on, he's a put on

Come on join a party
Dress to
Come on join a party
Dress to
Come on join a party
Dress to
Come on join a party
Dress to kill
Dress yourself, dressed to kill

mtl4's picture

Markets losing confidence in the FED, sorry Janet but talking out of both sides of the mouth doesn't cut it anymore........not bad yet but will catch quite a few when the dollar shakes the shorts and regains strength again.

Logan 5's picture
Logan 5 (not verified) FrozenGoodz Mar 27, 2017 8:07 AM

they're just setting it up for the Good Friday paper gold hammer

GUS100CORRINA's picture

GOLD, NUGT, UGLD, USLV, SIL, UGAZ

Let the DOLLAR SELLING commence. No HEALTHCARE, no PEACE.

MalteseFalcon's picture

Sheesh, complainers.

Put it to music.

JRobby's picture

I hope you asked Pete for permission.............

This place is all but killed by Trolls

Wulfkind's picture

+1000 for the song twist

TAALR Swift's picture

With Lyrics like that, you now need a melody and a band. 

lester1's picture

Silver baby !!

 

Me = :)

shizzledizzle's picture

Gonna be a expensive day for the ESF and the PPT.

BigFatUglyBubble's picture

"Now, look, we have the worst revival of an economy since the Great Depression. And believe me: We’re in a bubble right now. And the only thing that looks good is the stock market, but if you raise interest rates even a little bit, that’s going to come crashing down.

 

We are in a big, fat, ugly bubble. And we better be awfully careful. And we have a Fed that’s doing political things. This Janet Yellen of the Fed. The Fed is doing political — by keeping the interest rates at this level. And believe me: The day Obama goes off, and he leaves, and goes out to the golf course for the rest of his life to play golf, when they raise interest rates, you’re going to see some very bad things happen, because the Fed is not doing their job. The Fed is being more political than Secretary Clinton."

DJT - 2016

http://www.zerohedge.com/news/2016-09-27/donald-nailed-it-stockman-screa...

LetThemEatRand's picture

I love how you get downvoted for quoting the Donald when the quotes conflict with the current narrative.

BigFatUglyBubble's picture

Candidate Trump trolls President Trump better than I ever could.

ThreeRs's picture

This is one of the major reasons I voted for Trump--what he said there.

 

Trump is a problem solver like me. He identified the problem, and that means he's already been working on the worst case scenarios and how to survive them.

 

Anybody who's really looked saw the big fat ugly global economic bubble developing years ago. The worst part for me was the realization that the Globalists who created this bubble didn't know how to keep it from popping. They can't prevent the collapse. They're so inept mathematically they didn't even know until a couple of years ago the extent to which the popping of this bubble would adversely affect them.

 

I can't imagine one person on the political scene more qualified to get us through the global economic collapse than Trump.

 

As an aside, look at Putin. He's already got a gold-backed domestic currency in place. Just in case. Says a lot about Putin right there.

 

 

LawsofPhysics's picture

Maybe.  Trump definitely understands the socialization of private losses. He has been doing it his whole life through the use of bankrupcy laws.

Fine, let's get this over with already and thin the motherfucking herd.  Way past time to execute all the useless fucking middlemen.

Nothing a real value is gained without real work or real risk.

same as it ever was...

JRobby's picture

That would be the plan about now........

 

MalteseFalcon's picture

I hope Trump has his post-crash plans ready.

Don't let the crisis go to waste, Mr. President.

vasallo7g's picture

everybody in Washington knows this, but that does not mean they will do the right thing for the US, but you can bet they will do the right thing for them

vasallo7g's picture

everybody in Washington knows this, but that does not mean they will do the right thing for the US, but you can bet they will do the right thing for them

Oldwood's picture

Trump is winning.

When numbers were good, it was all Obama.

When numbers were bad, it was all Republicans.

Now, when numbers are good, it is all Trump....But only because of greed and stupidity.

When numbers are bad, it's all Trump...And Republicans.

That's better, right?

LetThemEatRand's picture

Many here said that Trump was making a big mistake by taking credit for the stock market rise and dollar strengthening.   He has himself to blame if people now blame him for the sell off.  

coast1's picture

the dollar is still at 99...i dont understand the purpose of this article unless a person is a day trader...

LawsofPhysics's picture

If the "market" is priced in dollars and the dollar is "collapsing", shouldn't the prices be going up?

FAIL

 

Let it Go's picture

When you consider just how destabilizing currency swings can be it is easy to see how a strong dollar could obliterate the global economy. It should not be a surprise in our current global economy that behind the curtain central bankers could be busy manipulating currencies so they trade in a narrow range that will not rock the boat.

Many market watchers have become dubious of recent market moves and over the top efforts of both governments and central bankers to keep this so-called recovery moving forward. More on the merit of this controversial opinion and the ramifications it holds in the article below.

 http://brucewilds.blogspot.com/2017/03/currencies-are-trading-in-false-paradigm.html

orangegeek's picture

When rates move up, their associated currency does the same.

 

But thanks to that cunt yellen, the USD is down - to keep markets and commodities propped up.

 

Bid that shitbag euro - all bagholders come in - time to buy the euro!!!!

Brazen Heist's picture

What the fuck is wrong with these schizophrenic markets?

The dollar moves in opposite directions to common sense and fundamentals. With higher interest rates one would expect the dollar to be stronger, but no.

Its all about the bubble stock market. That is the main driver of USD strength perception these days. The mother of all too big to fail bubbles.

Wulfkind's picture

Perhaps they are not markets at all but fiat shuffling, interest carrying dark cesspools for HFT.

 

If you are in the market...you're part of the problem.  Stop enabling the beast

 

JTimchenko's picture

Of course, the dollar will fall, because that's what makes the Euro rise, and the banksters want to be get rid of their Euros in preparation for the collapse of that currency. So, having previously catalyzed a huge dollar rally by artificially painting the tape, they're now catalyzing a big dollar dump. They'll use the small but critical mass of well-connected hedge funds to do it. The vast majority of clueless non-connected hedge fund managers, dreaming of getting rich quick, are going to be the losers, along with some independent investors (as well as the vast number of citizens who hold these various currencies).

It is going to be very easy to torpedo the dollar, given how overbought the long positions are. We are in the midst of a futures market that is heavily packed with dollar long positions. Why do they do this? Because the banksters want to purchase dollars and gold with their Euros. They want to do it before the Euros become as worthless as the Continental dollar after the American Revolution.

Once this bout of manipulation is done, the Euro collapses, gold goes up, and the dollar soars for a short time. Then, the dollar collapses downward into a sea of devaluation, as gold rockets off into the stratosphere. With the demise of the Euro, trillions worth of capital, now hiding in dollar-denominated assets, will begin flowing back to into reborn European national currencies.

All of this will come to pass before the end of 2019. What is most amazing, however, is that all of what is now happening now (minus my 2019 implosion prediction) was forecast in an article published way back in November. Check it out:

http://averybgoodman.com/myblog/2016/11/22/making-sense-of-elections-the...

pocomotion's picture

This looks normal to me.  Euro was due to bottom and the dollar was due to top. 

The only way to end the euro would be civil war from within countries of Europe.  A peoples uprising....

LawsofPhysics's picture

Optimist.  The math prevents any return of true price discovery.  The world will go to war in earnest long before any sort of true price discovery returns, especially when it comes to PMs. History is very clear on this.

media_man's picture

Can somebody please tell me how a weak $ translates into lower interest rates? Shouldn't it be the exact opposite? Risk of default rises as tax revenues collapse, etc. Unless the market expects massive deflation.

Ricki13th's picture

Lets raise the debt ceiling and implode it much faster, right Mnuchin?

silverer's picture

Reality: It was never there in the first place. It wasn't there when Obama was president either. It's the stupid sheeple investors now signed onto the learning curve. Did they bother to learn anything yet? I doubt it. The lesson now comes the hard way.

Apple10's picture

That is the Trump plan.  May the exporting begin.  Factories will be coming back.

Wulfkind's picture

Hahahahahahahahahahaha !!!!

 

THANK YOU for starting my day off with a laugh !

wobblie's picture

What a farce. The market is all manipulation: buyback, rate rigging, etc...

https://therulingclassobserver.com/2017/03/15/tweedledum-vs-tweedledee/

fuzh007's picture

mother fucker its at 99.20 the sky is fallin,the sky is fallen, its the mother of collaspes go to walmart buy all the food and water you can least a 10 year supply for the 1,000,000 cry wolf scenario, i think tyler turden finally nail it!

Sledge-hammer's picture
Sledge-hammer (not verified) Mar 27, 2017 8:09 PM

Christ, none of this is new.  Obama and his merry band of pirates, with the help of his lap-dog jew press, hid the hi-jinks and true state of our economy for the last eight years.  Owmyballs is gone.  Thus, the jew press and all of our jew-controlled institutions can and will no longer hold back the truth. Our economy is in the sh*t-house and will get worse until the turn-around begins.  Heil Our Glorious Trumpehfuhrer!