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To: Repeal The 17th

The rising DOW is a reflection of the weakening dollar. It isn’t that stocks are fantastic, just that the intrinsic value of companies is the same when translated to weak dollars; it takes many more dollars to reflect the same intrinsic value now versus years before. Or as another poster said in one word - inflation.


6 posted on 12/03/2014 8:16:01 PM PST by roadcat
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To: roadcat
The rising DOW is a reflection of the weakening dollar.

Strange, for months they have talked about the strengthening dollar helping to lower oil prices.

U.S. Dollar Index (DXY)

8 posted on 12/04/2014 4:53:48 AM PST by thackney (life is fragile, handle with prayer.)
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