Yellen proving she is as dovish as Bernanke (and a 200 pip rally in USDJPY) has supported the S&P 500 to its best 4-day swing since January 2013 (+4.4%)... make sense? Interestingly, emerging market FX has worsened notably in the last 3 days.
EM FX remains a problem...
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But don't worry about that - BTFD!
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and buy the crappiest companies!! "Most shorted" stocks are up a stunning 8% off last week's lows...
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Charts: Bloomberg