Why, when so much data and computer processing capacity is available, do people persist in making unfounded assumptions about market relationships without crunching the numbers?

The fact is causal relationships between the dollar, financial markets, and the economy are seldom the simple and direct ones we can posit on a partial derivative basis. Markets adjust (and indeed, are supposed to adjust) to all of the effects noted. Successful traders will recognize this and incorporate it into their longer-term trading strategies.

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