US Dollar index - DXY - 10 year treasury

Dow futures are up some 600 points or 1.5% but that doesn't much concern anybody these days. The only things worth watching are the US dollar index (down again) and the benchmark 10 year treasury. (4.48% - flat)

The U.S. dollar index (DXY) is a measure of the value of the dollar against a basket of six foreign currencies. These currencies are the euro, Swiss franc, Japanese yen, Canadian dollar, British pound, and Swedish krona. The index was established shortly after the Bretton Woods Agreement was dissolved in 1973. The DXY reached its highest level on Feb 24, 1985 at 164.72 USD. A falling DXY means purchasing power internationally is dropping. For over 50 years the US dollar was a safe haven. The drop of −1.94% in 24 hours indicates that confidence in the U.S. dollar is sewering at a frightening rate. https://www.marketwatch.com/investing/index/dxy

Combined with the anomoly in the 10 year treasuries there are VERY serious storm clouds approaching globally as a result of a clearly senile Trump in power. For all the bullshit from that source, there are deeply fundamental changes underway right now, and none of them can be good.

Equity markets are surely not meant to be this volatile. Trump's fluid, changing mind is like running pudding, and NOBODY can guess what will come out of that goofy hole next. A madman at the controls, surrounded by sycophants. Investment decisions, or any decisions, cannot be made in a flux.

The US bond market, not the stock market, is raising eyebrows. Yields are spiking, and that is surely not good. The S&P 500 losing 12% in four sessions means there SHOULD BE a rush into treasuries. The aggressive selloff there means the world is losing confidence in the US dollar. Picking a trade war with China is Trumpian insanity. If China dumps their vast holdings of U.S. dollar debt there is no telling where it could end. The largest holders of treasuries are Japan, China and the U.K., and those are the countries Trump is targeting with the highest tariffs. Pure senile Trump is upending the entire world economic order. See ----->https://www.cnbc.com/quotes/US10Y See ----->JD Vance calls Chinese 'peasants'