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American Capital Agency Corp. Message Board

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  • reit_freak reit_freak Sep 26, 2012 11:28 AM Flag

    Lockstep with the market

    As is usually the case, Uncle Ben's latest move provided a brief sugar high in the form of a temporary decline in the U.S. dollar (kind of like an AGNC SPO drop!), but the dollar has recovered and is now showing some further strength as Europe flares again and volatility picks up. I have found the U.S. dollar action to be the most reliable (inverse) indicator of overall equity market movement. (I know, nothing stunning or groundbreaking here, but just a reminder of a pretty solid indicator....)

17.79-0.06(-0.34%)Feb 5 4:00 PMEST