Current Events — HabitableZone

Current Events » in reply to And this is astonishing - "Stocks surge as investors bet on rate cut"

Weak dollar = Greater future exports

Greater future exports = Greater Future Earnings
Greater future earnings = Lower Future P/E ratios
Greater future P/E ratios + lower interest rates = Much greated discounting to current prices

I told you to buy when we were off 10+%

Rule: Don't fight the Fed

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