Wealth Management Blog | WrapManager

Navellier & Associates - Falling Dollar Good for Stocks?

Written by WrapManager's Investment Policy Committee | June 17, 2013

Louis Navellier discusses why he believes that a falling dollar is usually good for stocks.

"The S&P 500 fell 1% last week, but many foreign stock markets, especially in Asia, were hit harder than that. Japan’s Nikkei plunged 6.4% on Thursday, entering official bear market territory, falling 20% from its May peak. Foreign investors are also unloading U.S. Treasury bonds in record amounts, so it appears that one of the safest havens in the coming months might very well be the U.S. stock market."

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