That’s basically the scene today… not too if you have your cash in standard-issue dollar-denominated assets.
The dollar index is getting killed today, falling decisively below 78, while dollar alternatives like precious metals are rallying big.
The Swiss Franc is a monster winner.
A major loser? Big tech. The NASDAQ is off over 1%, with former pillar of strength Apple leading the way down. The big plunge in the cloud computing names aren’t helping either.
Don’t miss: 12 big bets hedge funds are making right now >
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