Stocks Are Anti-Fragile For Now, But The Dollar Selloff Is Fragile

By Dhaval Joshi, Chief Strategist at BCA Research

Executive Summary

• Always consider a market’s fundamentals combined with its fragility to assess the prospects of a price dislocation.
• Right now, the major stock and bond markets are more ‘anti-fragile’ than fragile, and the Joshi rule recession indicators signal that a US recession is not imminent.