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Message
Larry G Speaks (Again)
Posted on 10/10/14 at 3:07 pm
Posted on 10/10/14 at 3:07 pm
Posted on 10/11/14 at 3:14 am to Iowa Golfer
Ahhh, Larry... edit please:
Must be the hair that is distracting me.
quote:
"2. Many companies with big foreign exposure will report earnings misses and downward guidance, because the strong dollar means overseas earnings translate back into fewer greenbacks.
[...]
The dollar weakness will continue: McDonald was negative on the dollar before Wednesday’s reversal on news of the Fed’s concern about greenback strength damaging U.S. economic growth. Now he thinks dollar weakness will continue for three reasons. "
Must be the hair that is distracting me.
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