On any given day, if the dollar is stronger by 1% but the Market is down 1%....

wisco · 06-10-2011, 01:48 PM

Are we even?

wisco · 06-15-2011, 10:57 AM

really? no one? or does this sound like a stupid question?

JIM E92 · 06-15-2011, 07:48 PM

Yes, there is a correlation. We are in between a rock and hard place. On one hand oil is bought and sold in us dollars. They are pumping up the currency so oil will be cheaper. On the other hand a cheap dollar makes our exports more attractive and conversely less attractive if the price goes up so our corporations suffer. In the long run I think fed will continue to devalue the dollar and inflate our way out of the mess we are in. That's the only way....besides letting things go to total anarchy.

06-10-2011, 01:48 PM	#1
wisco Private First Class 31 Rep 171 Posts Drives: 07 E92 328XI / 07 E93 335I Join Date: Dec 2009 Location: Milwaukee WI iTrader: (2)	On any given day, if the dollar is stronger by 1% but the Market is down 1%.... Are we even?
	Appreciate 0 Tweet Quote

06-15-2011, 10:57 AM	#2
wisco Private First Class 31 Rep 171 Posts Drives: 07 E92 328XI / 07 E93 335I Join Date: Dec 2009 Location: Milwaukee WI iTrader: (2)	really? no one? or does this sound like a stupid question?
	Appreciate 0 Quote

06-15-2011, 07:48 PM	#3
JIM E92 Lieutenant 15 Rep 410 Posts Drives: 2007 328 Coupe Join Date: Sep 2008 Location: Sandy Eggo iTrader: (0)	Yes, there is a correlation. We are in between a rock and hard place. On one hand oil is bought and sold in us dollars. They are pumping up the currency so oil will be cheaper. On the other hand a cheap dollar makes our exports more attractive and conversely less attractive if the price goes up so our corporations suffer. In the long run I think fed will continue to devalue the dollar and inflate our way out of the mess we are in. That's the only way....besides letting things go to total anarchy.
	Appreciate 0 Quote