Global investors continue to pile into the US Dollar making it the primary safe-haven trade. This may eventually trigger a broad and deep selloff in U.S. stocks. As the USD continues to strengthen, corporate profits for US multinationals will begin to disappear.
The following chart by Finviz shows the percentage the USD has appreciated against all the major global currencies during the past month:
https://www.fxmag.com/precious-metals/is-the-us-dollar-the-global-s...
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