A picture is worth a thousand words
This is a ten year chart of SPY with its 200 (gold) and 50 (blue) day moving averages. Hope the blue line stays above the gold line. It is difficult to imagine the equity market falling with the dollar collapsing too. If the Fed defends the dollar, equities go south; if they cut rates the dollar sinks and large domestic equities rally a bit less than one to one. i.e. if the dollar sinks 10 percent SPY will rally nine.
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