Over the last few months I have been hammering on the idea that the U.S. Dollar is a better gauge of risk in the global financial system than the so-called "Fear Gauge" - the CBOE Volatility Index (VIX). The higher the dollar goes the more risk of a global deleveraging.
Over the last few months I have been hammering on the idea that the U.S. Dollar is a better gauge of risk in the global financial system than the so-called "Fear Gauge" - the CBOE Volatility Index (VIX). The higher the dollar goes the more risk of a global deleveraging.
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