In 2002 there was a great correlation between the dollar and asset classes. Recently, it appears that money in flowing back into equities. The situation has certainly changed. The stock market and the economy have been horrible. At the same time, everyone was bullish on the dollar. That meant that it was a good time to go long on equities. Now the situation has reversed. People are very bearish on the dollar, which means that it could rally. That doesn’t means that the long term prospects of the dollar have changed, it only means that in the short term, the dollar could see a boost.