The broad US stock market (and many other global markets) feasted off of the attempted devaluation of the US currency. The markets that led the recovery, like the precious metals and China (not to mention other emerging markets) are either correcting sharply (PM's) or rolling over (China and emerging markets) in the face of the dollar rebound.Meanwhile, the US stock market makes a pretense that it has solved its inverse situation with the dollar. Because when you're floating around up there, puffed up in full hubris and sponsored by the lowest quality 'investors', you can be anything you want to be... as long as price holds up and casino patrons remain in party mode.
