A heads up: I’ll be appearing on Fox today: Cavuto on Business @ 4:15pm EST.
Terry Keenan is hosting, and the topics will be the usual stuff: Post-election markets, the Fed, the weak dollar. The other guests are Chris Lahiji, president of dailytrends.com, and Brenda Buttner, host of Bulls & Bears.
I assume that (once again) I will be playing the role of the moderate voice of reason.
"The dollar’s rough path just got rockier.
"Another four years of the Bush administration has heightened some fears of continually deep trade and budget deficits, weighing on the dollar’s already depleted value. Throw in high oil prices and lackluster U.S. economic growth and investors betting on the dollar may look elsewhere for better returns, which could ratchet up pressure even more on the dollar."
Graphic courtesy WSJ
Who wins and loses with a weak dollar . . .?