The Other Great Rotation?

It appears that the USD is no longer the cleanest dirty shirt - but precious metals, perhaps? And amid all this chaos in fiat and non-fiat currency markets, equities and bonds remain somewhat stoic. This is the biggest 2-day drop in the USD in 19 months. These are chaotic movements in colossal markets (that dwarf equity market capitalization) - but of course, none of that matters.

 

 

Charts:Bloomberg