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  • 5 Stocks to Hedge Against the Falling Dollar  [View article]
    Oh yeah, but the point here is hedging against "the falling dollar."

    I disagree with the headline - I think the dollar has little if any room left to fall, and owning dollars right now seems wiser than owning euros, pounds, or yen. However, the point remains - in a weak dollar environment, where are the best investments? And the conclusions are correct - U.S. companies that compete with foreign companies are in better competitive positions because of a weak dollar. Manufacturers are a clear choice, be it Boeing, GE, Nucor, or (gasp) Ford or GM.
    May 20 07:39 am |Rating: 0 -1 |Link to Comment
  • 5 Stocks to Hedge Against the Falling Dollar  [View article]
    "George W. Bush and his administration have been on a spending binge - mostly to pay for the wars in Iraq and Afghanistan."

    It's a nice talking point, but it's just not true. The Bush administration's spending record is atrocious even without war funding. Since 2001, DOD spending has roughly doubled, an increase of around $300B/yr. Non-defense spending, however, has increased during the same period by almost $600B/yr.

    Facts are stubborn things.
    May 20 07:27 am |Rating: 0 -1 |Link to Comment
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