Subject: Re: Dollars
The drop in the US dollar is traditionally very bullish for the US (and by extension, others as well) stock market. The profits companies report on foreign sales in terms of US dollars is inflated by the drop and makes companies seem like they are knocking it out of the park when they are merely treading water.

The inverse relationship between the two has been broken for a number of years as, I'm guessing, Fed wrestling with the bond market, followed by COVID largess overwhelmed the connection.

Just when we feel it's safe to go into the water, the effects of tariffs on inflation are about to start kicking in.

Macro relationships are about to start forcing the curves. Buckle your seat belts. Coming to a channel near you: the US deficit, SS and Medicare challenges, loss of cheap labor in some fields, etc.

Jeff