The dollar is declining, could that be a good thing?

R

RGLD

It'd help our exports? Plain and simple, we have all these products made in China, a weak dollar would bring some manufacturing home. Ofcourse it's never that simple right?

The Eur/Usd went up a lot in the past few months. I'm not familiar with EU politics, but didn't they print a ton of money too for Covid? Or we just printed that much more?
 
RGLD said:
It'd help our exports? Plain and simple, we have all these products made in China, a weak dollar would bring some manufacturing home. Ofcourse it's never that simple right?

The Eur/Usd went up a lot in the past few months. I'm not familiar with EU politics, but didn't they print a ton of money too for Covid? Or we just printed that much more?
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Good uptrend in qqq/tqqq/spy/upro; dont know if that is greenback related/ they are all green.
Good for exports/good for silver; dont really have an opinion on gold or europe paper……………………………………………………………………………………………………………………………..
 
Another aspect of a weak(ish/er) USD...

As the world's reserve currency, it allows other economies, industrialized and emerging, some breathing room. Not only in supplying necessary commodities, but also with debt repayment and debt issuance.

As for why the Euro is rising, I will leave that (complex) subject to the teacher types that roam the halls of ET. Plus, imo, and counter-intuitive, Europe is near a dire condition regardless of what is being told.
 
RGLD said:
What have you been told?
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For starters, you can search for European protests this weekend. Mind you, politically around the globe, Wuhan virus has been weaponized. Feet on the ground have very different news accounts with supporting vids and pics. London, Berlin, and Belarus.

But that's only a recent wrinkle. Who of sound mind would pay to achieve a negative interest rate?
 
SunTrader said:
Money sometimes has to do things it doesn't want to.
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And that right there highlights one of the EU problems... reach for yield vs return of capital vs a positive rate of return. The USD weakness provides a bit of currency appreciation, which is different and separate from asset appreciation.
 
RGLD said:
It'd help our exports? Plain and simple, we have all these products made in China, a weak dollar would bring some manufacturing home. Ofcourse it's never that simple right?

The Eur/Usd went up a lot in the past few months. I'm not familiar with EU politics, but didn't they print a ton of money too for Covid? Or we just printed that much more?
More...

If the $USD declines enough, it will bankrupt you and everybody you know.

Explain how you think/hope that might be a good thing.
 
RGLD said:
If the stock market goes to 0, it could bankrupt you and everyone you know.

Explain how you think/hope that might be a good thing.
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Your notions are naive and fanciful. Suggest you educate yourself.
 
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