Current Events — HabitableZone

Current Events » in reply to Job losses and the economy.

Why would a foreigner buy a US$ denominated stock if the US$ were declining?

Anwser: He wouldn't unless he wanted to lose money...

Face it Bowser, the current market rally is earnings driven. If anything, the declining dollar is keeping a cap on the market as foregners don't want to invest in a declining currency.

Think I'm wrong? Watch the stock market start to really take off when the US$ starts to get stronger.

I sure hope you don't make your living selling people investments.

Scott Evil

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