No. of Recommendations: 14
I agree that the drop in the buying power of the US dollar in the last month has been precipitous, and in fact personally I've made a killing as a result. The average S&P firm (typified by RSP) is down -15.2% from end November measured in US dollars, but down -21.6% measured the weighted average of other currencies.
But if you zoom out, the dollar isn't actually at a weird level. It basically wasn't even this *high* any time 2015-2021, so a sanguine person might view it as a normal squiggle.
Of course, it might keep falling, and would then become a more serious issue.
Jim
