??? what nonsense ???

  1. 24,765 Posts.
    Just heard on Bloombergs the following nonsense:

    Overseas buyers will be buyers right now of US stocks if their currency is strong against the US dollar because they get more US stocks for their money.

    If the US dollar is strengthening against their currency they'll go out and buy US stocks to make money on the currency gain.

    Based on this ridiculous analysis, it seems no matter what the currency situation is, overseas buyers will use the exchange rate as a justification to rush out and buy US stocks!
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    Do your analysis and note the disclaimer below.
 
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