Weaker Dollar Benefits??
Seems the weaker dollar is: increasing multinationals bottom lines, attracting vacationers looking for shopping bargains, bringing foreigner investors back into the U.S. real estate markets, attracted foreign capital via M&A - merger and acquisition, and now it is attracting record inflows into, yes, the US equities markets....and they are buying alot of MBS products (Mortgage Backed Securities). Thank god we won't be holding that paper when rates go up....
Here at Big Al's (Greenspans) we have a big AMERICA @ 40% DISCOUNT SALE going on, come on in, its a theme park, just like Vegas, and you know what the theme is...yeah baby....we'll take your money.
http://news.ft.com/cms/s/8938595e-6fbe-11d9-850d-00000e2511c8.html
Here at Big Al's (Greenspans) we have a big AMERICA @ 40% DISCOUNT SALE going on, come on in, its a theme park, just like Vegas, and you know what the theme is...yeah baby....we'll take your money.
http://news.ft.com/cms/s/8938595e-6fbe-11d9-850d-00000e2511c8.html
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