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'Sell America'? Everything Rips As Dollar Dips Amid 'Snow Day'

Tyler Durden's Photo
by Tyler Durden
Authored...

While the majority of Americans are experiencing a snow day today following Winter Storm Fern over the weekend, markets are open and adopting a generally pro-growth, pro-cyclical posture, with Tech and Communication Services stocks powering the index higher.

A quick glimpse at the decline of the dollar... and the surge in precious metals... and one could be fooled into thinking that - with geopolitical (and trade policy) risk surging once again (largely thanks to President Trump's various actions, statements, and social media comments sparking headline roulette) - there is a 'Sell America' trade going down.