One Man’s Opinion: Is The Broader Dollar Index An Important Fed-Move Indicator?

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The US dollar movement is important because every market variable is either positively or inversely correlated to the dollar, said Jurrien Timmer of Fidelity Investments. When the dollar goes down, liquidity conditions ease up, which is usually the risk-on scenario. If the dollar moves up, it means financial conditions are tightening, or at least that has been the dynamic over …

First Day Of Trading Seems Sour, Economy Looks Sweeter

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stock indexes posted their largest decline in three weeks on the first trading day of 2014, after the benchmark S&P 500 finished its best year since 1997. Oil and gas producers were among the hardest hit following a 3% drop in oil prices to under $96 a barrel as Libya prepares to …