Dollar Reverses, Market Zooms

The dollar went from +0.1% to -0.2% in the past 2 hours, and the market went from -0.4% to +0.5%.

Don’t over think it; if you are bringing anything above and beyond first grade logic to this market, it is too much.  It just amazes me that literally armies of PhDs can’t come up with an algorithm a bit more sophisticated than “IF dollar zig THEN market zag.”

About Mark Hanna 543 Articles

Affiliation: Hanna Capital, LLC

Mark Hanna is President and Owner of Hanna Capital, LLC, a registered investment advisory firm. Mark has been a follower of markets since the late 80s, with a focus on individual equities since the mid 90s. He has been a well known commentator in the financial blogosphere for the past 5 years, following a career in corpoporate finance and accounting. Mark attended the University of Michigan where he graduated with a degree in Economics.

As an avid reader, Market Montage is the personal blogging site for Mark to share his views on economics, markets, and the like. Occasional cynicism and wit shall be deployed in his postings.

Follow Mark on Twitter @fundmyfund.

Visit: Market Montage

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