The Dollar’s Impact on Your Investments

Simon Constable has an article at U.S. News & World Report on the dollar’s impact on the stock market.

The greenback is looking strong, but there’s no reason to believe that it can’t get even stronger. If it does, then it will have an impact on your investments. Here’s why it matters and some key things you need to know.

“It’s the kind of thing that Americans don’t think about much unless they travel overseas,” says Eddy Elfenbein, a Washington, D.C.-based private investor and author of the influential Crossing Wall Street blog. But when the dollar is strong, it does change the way various types of investments perform. “It’s like putting a magnet near a compass,” he says.

Read the whole thing.

Posted by on October 21st, 2015 at 1:55 pm


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