CT Programmer

Holding Multinationals? Look Out for the Rising Dollar

It feels somewhat un-patriotic to bet against your own currency, but I agree that this rally is short-lived, and we're in a long, downward spiral of the dollar. You mentioned slower growth overseas, but you didn't mention the fact that many countries --- especially Asia, but also the EU --- are running high inflation rates. They can't keep doing that and a slowdown will of course help them but they'll have to raise rates a lot more to put the lid back on. We may see rate increases here as well maybe next year when things don't look so dismal, but not like you'll see overseas.