Wednesday, March 11, 2015

Fear of rasing interest rates lead the market down

Economics must be the science of dismay for good news leads to a stock market going down because fear of rasing interest rates. I don't think the FED will rise rates in June. No I think it's not until the Presidential  race is over in 2016.
Saw Wilbur  Ross on Fox business news today his investing in Germany. Believes the lower EURO is good for Germany which does make since Germany lives off it's exports.
Chevon boss said a Strong dollar makes doing business overseas cheaper. But think a strong would hurt America companies doing business oversea because the local currency is worth less leading less revenue coming in. 

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