re: #179 Justanotherhuman

Editor’s note: The Wall Street Journal quotes an analyst at Conifer Securities saying the dollar’s strength is sapping the stock market. ‘This whole move is being driven by one thing and one thing only, and that’s the dollar,’ said Rick Fier. ‘It’s going to crush earnings. You’re not going to get any sort of outlook that’s any good.’ - Tom
end of note

Translation: A strong dollar is good for the consumer, saving them money and making their paycheck go further.

Therefore, it is bad for investors’ dividends, billionaires’ revenues, and our commissions.

This has been a common pattern for some time now. Good news for the Main Street economy is bad news for Wall Street, and vice versa.

This suggests the needs for fundamental reform of our economy, which of course is completely impossible as long as US politics consists exclusively of trying to prevent the GOP wrecking crew from effing everything up.