huskerbob

Good News For Earnings: Dollar Hits Record Low

So the good news is that the higher earnings are priced in declining dollars? So are the earnings actually stagnant or are they exceeding the rate at which the dollar declines?
Also, the further the dollar drops, won't consumer spending be diverted more and more to basic needs, gradually reducing more corporate earnings? For commodity prices to remain stable in nominal dollars they would have to decline in real value. That doesn't sound very likely, and doesn't sound good for the economy in the long run.