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Rant & Rave Blog

Weaker Dollar Now Hurting The Markets On Fear AAA Rating May Be Lost

Posted by InTheMoneyStocks.com Wednesday, May 20, 2009, 08:00PM ET

Read 193 times

Weaker Dollar Now Hurting The Markets On Fear AAA Rating May Be LostAll previous days stretching back to the beginning of 2009 and before, the market loved a weak dollar.  When the dollar dropped, the markets rallied higher.  All of a sudden now, that has changed.  With the real threat that the US may lose its AAA rating, a weaker dollar is very bad.  The lower it goes, the more change the US has of losing that rating.  Today, all of a sudden, this market wants a stronger dollar!  Amazing!


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