Has The Dollar Peaked?valueplays
Should the dollar continue to fall, we should see another jump in corp profits, especially for US-based producers and exporters. Energy firms should also benefit and oil and gas prices tend to rise as the dollar falls.
Is this it for US$? Don’t know, but Mexico deal could be beginning of return to long-term trend IF Canada falls in line, followed by Europe. Trump playing ‘dominos’, once one falls, the rest scramble to get best deal.