10baggerbamm : it never cease to do amaze me the level of stupidity that exists with these major wire houses.
a strong dollar hurts the US stock Market that's a fact.
a weak dollar benefits US stocks that is 100% guaranteed.. you want the US dollar week because it permits your exports to increase and of course if we had fair trade it would make the USA generating mass of surplus and not trade deficits but that's a subject for different matter. the same thing exists with us stocks when the dollar is strong other countries other people other investors don't buy US stocks because they lose their purchasing power and if the dollars only going up when they convert back to their currency they get a double hit so their losses are compounded and their gains are reduced.
that's why he won a weak dollar relative to other currencies.
well what happened at the end of fourth quarter last year the dollar went on this parabolic run straight up compared to other currencies. you had a mass Exodus of money leave the US market chasing European stocks for the same reason that these bobbleheads buy small caps in this country because they think it represents a value because European stocks haven't done crap in years and it's about time they play catch up that's the logic. well now you have the dollar dropping. and foreign monies that were investing in Europe are now going to come back to the US marketplace because their currency buys them more of US stocks.
so to have this investment banker say that a week or dollar May benefit US stocks it's asinine it's a horrible statement because anybody with a brain in your head understands why people buy and why people leave a market when currency is strong or weak there's 100% correlation

美丽的泡沫 : cool

Warren Buffed 10baggerbamm : amazing

104730749 : Jerome Powell defied Trump's policy that NEEDS a lower interest rate to work. Inflation this time is not because people have more money to spend, but because borrowing is expensive and imports are more expensive. Lowering interest rate is the last piece of the puzzle because it makes American goods cheaper to foreign importers.

Justice Bao :

Justice Bao OP : starting from a red doji candle and it will end up forming a bear flag. if the bull is too weak

财富自由Alan : bear is coming

Justice Bao OP 财富自由Alan : be patience and wait ya don"t need to panic