U.S. Markets: Three ways to profit from the falling dollar
Posted March 26, 2008
"To the U.S. economy and to investors in U.S. companies, the dollars current spiral is much closer to a strand of DNA - the spiral of life." — Martin Hutchinson
by Martin Hutchinson
Baltimore – (TFN): When some commentators see how steadily the U.S. dollar has declined against a basket of key world currencies, theyve labeled it the "death spiral" of the greenback.
They couldnt be more wrong.
To the U.S. economy and to investors in U.S. companies, the dollars current spiral is much closer to a strand of DNA - the spiral of life.
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Let me explain.
Federal Reserve Chairman Ben S. Bernanke and the U.S. central bank have aggressively cut interest rates, sending them down below the rates of other major global economies and below the rate of U.S. inflation. As long as interest rates remain below those two levels, a number of things will happen. Read on to learn more.
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