Thats a goverment number, need I say more.
Stocks love a weak dollar...
- Thread starter PohPoh
- Start date
Thats a goverment number, need I say more.
Actually some of you guy's don't get it.
A weaker dollar does little damage to dollar denominated asset holders.
Stocks and real estate will rally on dollar weakness in order to keep parity with competing global assets. In fact it's the dollars weakness that's kept our markets strong. Here in Miami those over built condo's are being sucked up by Europeans and South American's spending weak dollars.
Instead it's workers who suffer. While your home price will triple if the dollar goes into a 1980's Argentinean death spiral, hourly wages will not even come close to keeping up.
A weaker dollar does little damage to dollar denominated asset holders.
Stocks and real estate will rally on dollar weakness in order to keep parity with competing global assets. In fact it's the dollars weakness that's kept our markets strong. Here in Miami those over built condo's are being sucked up by Europeans and South American's spending weak dollars.
Instead it's workers who suffer. While your home price will triple if the dollar goes into a 1980's Argentinean death spiral, hourly wages will not even come close to keeping up.
Are you joking? Seriously, no one can be as dumb as you.
multinationals profit from a weak dollar by selling more product overseas.they convert foregn money into dollars. in other words foreign dollars buy more US dollars. MOST S&P 500 STOCKS HAVE LARGE OVERSEAS EXPOSURE.
the flip side/negative side of a weak dollar is that it can be inflationary. meaning imports become more exspensive.please correct me if i'm wrong here.
the flip side/negative side of a weak dollar is that it can be inflationary. meaning imports become more exspensive.please correct me if i'm wrong here.
Quote from Spooz Top:
unbelievable ignorant fool......did it ever occur to you that your dollars held in your pathetic etrade account are not worth as much....the dollar is being devalued in front of your face & you still don`t get it..........well,every villiage has one..just so happens we have the greatest one of all.....the idiot.
Too bad you can't make any dollars in your account shorty.
& what makes you think i`m always short,villiage?
i can be long & short during the course of a day several times because i participate in this thing called trading......such as the site is called.
btw, i`ve been posting my daily P&L for a year now in the P&L thread.....not including my position account.
now get your shine box,boy & polish up that CRT......
Yeah, actually he is from Europe so he's making Euros and due to the fact that the dollar is weak he's lucky. How are your food stamps doing in the world trade?
Considering stock_turder uses food stamps to buy food, obviously is too dumb to drive a car, and his parents probably pay the electricity bills. So he is probably the only "person" on here who thinks excluding food and energy from core inflation makes sense.