Dollar Spikes But Fed Hike Slams Stocks, Bonds, Gold, Crude Lower

By Tyler Durden

The Dollar Index is spiking and so were US bank stocks, but the rest of the stock market is not so pleased and bonds, crude, and bullion are being sold along with them…and now banks are tumbling too…

And bank stocks loved it…

Until they didn’t…

Dollar is surging back to the top its recent range…

as the dollar pushed higher so crude tumbled to a $50 handle…

…read more

Source:: ZeroHedge