US dollar Index reaching 2023 highs

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More pain in financial Equity markets is almost guaranteed with the US dollar Index reaching its 2023 highs of the year. Not only that but oil is bouncing back very hard despite the strong dollar. What’s up almost 3% for the day. We’re going to see an oil shock like the 1970s. My prediction is that Equity markets will continue to drift sideways and lower and me coincide with the financial Panic leading into a recession.

 

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h/t theSilverVigilante

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