Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

U.S. Stock Fund Investors Show No Fear Of King Dollar

FYI: U.S. fund investors are in no rush to shore up defenses against the strong dollar.

The greenback’s 6 percent leap over the past six months has flummoxed markets from Turkey to Argentina, whose governments have to repay debt in dollars.

The stronger currency, which makes U.S. exports more expensive to foreign buyers, has also frustrated President Donald Trump, who is trying to reduce U.S. trade deficits.
Regards,
Ted
https://www.reuters.com/article/us-usa-stocks-weekahead/u-s-stock-fund-investors-show-no-fear-of-king-dollar-idUSKCN1L913K?il=0
Sign In or Register to comment.