My long-running Bearish Thesis has been that we will see upwards price pressure on the US Dollar, which in turn will put downwards pressure on mega-cap multinational corporations as well as commodities; specifically crude oil.
The implosion of the crude-oil bubble which found it's peak in the midst of George Bush's, Saudi Arabian terrorist event inspired 'War on Terrorism' will spread like a shock-wave through the malinvested energy patch. Many cost-extensive shale oil & deepwater drilling operations will soon find themselves bankrupt with many investors once prized junk grade 'high-yield' bonds worthless.
Indeed, as the data continues to confirm each week: The global economy is slowing.
Chinas Imports & Exports are collapsing.