Myth: Strong Dollar Prerequisite for Strong Market

Recently, a number of market observers (most notably Hedgeyes's lynx-eyed "Keithy" Keith McCullough and "The Kudlow Report's" Larry Kudlow) have opined that the health of U.S. equities is dependent on a strong U.S. dollar. Based upon history, however, the notion that a strong U.S. dollar is a prerequisite for a strong U.S. stock market is a myth.

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