Global currencies are moving in one direction, US stocks in another. Who’s right?

In today’s video, I break down the major divergence between the equity markets and global currencies like the Taiwan dollar , Korean won , and Swiss franc . While the S&P 500 pushes to new highs, the U.S. dollar is weakening almost everywhere.

What are currency markets pricing that equity investors are ignoring, especially with the July 9 tariff deadline approaching?

We’ll cover:

• The Taiwan dollar’s sharp moves since April.
• Why repatriation flows might signal something deeper.
• What the euro , yen , and peso are saying about US risk.
• How Interest Rate Differentials Are Breaking Down.
• Why the currency market may be smarter than the stock market right now.
• If you follow markets beyond the headlines, this is a divergence you don’t want to miss.

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