Quote:
Originally Posted by GFED
WE WANT the dollar to fall. It's had an adverse effect on multinational companies and exports. Expect more strength in the DOW stocks as it fall.
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Absolutely agree. Strong dollar has been a big problem for MNC/exports but of course, you could only get a strong dollar with a narrative on rates going up. Now that the rug has been pulled, the dollar can slip back a bit and that will be supportive.
However, obviously it could also potentially be good for gold, at least for a while.