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RE: United States Dollar Index - Economy is Doing Great?

in #money7 years ago

Actually, it sort of is. The USD being down is better for the united states than too high. It affects profits from exports, thus impacting GDP... i think a big pop coming very soon, what may be known as a "dead cat bounce" ... yes morbid i know lol, but its what they call it

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Yeah for sure, definitely good for exports. I actually have shot of friends that import from China and that is what I was thinking about. I had to lookup dead cat bounce and the name fits lol.

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