Filed under: International markets, Economic data

With all the focus on the US Dollar’s current free-fall and pundits predicting further weakness for the greenback, a little perspective is in order.

First of all, where have all the pundits been for the last five years? It’s not like the dollars fall from grace started yesterday. In fact the dollar’s fall has been a result of global growth, not a faltering US economy. The fact is that even with the subprime mess, rising commodity prices and the war in Iraq, the US economy is growing just fine. Could all the doomsayers in the media have a political agenda? Remember, an election is approaching.

Continue reading The US dollar is ready to rebound

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This entry was posted on Monday, November 12th, 2007 at 8:43 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.