US dollar currency index is pressing its 2023 Highs at 105.67 right now, half in percent on the day. It’s a lot stronger — I would expect a lot pressure placed on equities. As mentioned before we could face a similar crisis as we did in 2008 where it was BOTH A RECESSION AND Financial PANIC. This does not look good for Equities which have had their worst day in a while especially the NASDAQ which is leading major indices lower.
