Earnings, which as Larry Kudlow says, «are the mother's milk of stocks,» have seen a contraction
because of the strong dollar.
«Not too many people are interested (in gold)
because of the strong dollar.
But in the last two days gold prices came off
because of a stronger dollar and we saw good demand,» said Brian Lan, managing director at dealer GoldSilver Central in Singapore.
For example, if the U.S. dollar appreciates against the Japanese yen, the real return to a U.S. dollar - based investor will be less than the return to a yen - based investor
because of the stronger dollar.
But their numbers have thinned
because of a strong dollar and weak foreign economies.
Not exact matches
Poloz often observes that a
stronger U.S.
dollar might hurt American exporters, but is good for the rest
of the world
because it gives other countries a chance to share
stronger U.S. demand.
The bank economists say the
dollar will fluctuate in the $ 0.95 to $ 1.05 range, mainly
because of that foreign interest and a
strong commodity market.
While shoppers can easily enter Tiffany's store through its 57th Street entrance, the heavy security around Trump Tower on Fifth Avenue a block away has lowered visits by shoppers, many
of whom are tourists from Europe and China who are already staying away from Fifth Avenue's luxury stores
because of a
strong U.S.
dollar.
This is
because higher inflows will cause adjustments in the economy — potentially including lower credit card rates, a
stronger dollar, weaker lending standards, higher unemployment and surging asset markets» - Could you please provide us the explanation
of a rising unemployment in the US in the case
of a
stronger US$?
The positives would be more gradual, taking the form
of stronger consumer spending, both here and in the U.S., and increased non-resource exports,
because of stronger U.S. spending and a lower Canadian
dollar.
«The US
dollar's recent currency valuation is causing concern among many economists
because of the impact that a
stronger dollar will have on the country's exports.»
Nevertheless I do worry that the fall in exports from a
strong dollar is a bit
stronger than the rise in exports from a weak
dollar: I suspect
because there is a hysteresis effect: Once a factory is shut down, it stays shut down — and if firms don't continuously invest to stay at the cutting edge
of technology, it can be hard for a high - wage advanced economy to stay globally competitive.
A weaker
dollar tends to be beneficial for multinational companies,
because it can support sales
of goods and services abroad, with a
stronger dollar having the opposite effect.
The negative effects
of lower oil prices hit the economy right away, and the various positives - more exports
because of a
stronger U.S. economy and a lower
dollar, and more consumption spending as households spend less on fuel - will arrive only gradually, and are
of uncertain size.
In any event, even if one explains the fact that the US
dollar has crashed in purchasing power in recent times, over a very condensed period
of time, by more than 75 %,
because it has been one
of the
strongest currencies in a pool
of rapidly devaluing currencies for the past two years, I've discovered that quite often, even presentation
of indisputable facts can not sway people to believe something that they simply do not want to believe.
The
strong dollar illusion is sold to the masses
because the
dollar is never compared against the real money
of gold but only to its weak siblings
of the -LSB-...]
Before now, a gold bear market persisted not
because the metal had lost its status necessarily, but
because of the
strong U.S.
dollar and, more significantly, positive real interest rates.
You may inflate your way out
of your debt problem but you're not going to grow your way out
of the debt problem, so let's get behind that and if the
dollar got too
strong then the impotence from the white house would be to have more tariffs
because they are hell bent on shrinking this trade deficit so when Kudlow discusses that, he ought to be very careful about where he is going
because this white house, Peter Navarro and Wilbert Ross will push for a weaker
dollar because a weaker
dollar is Mnuchin and Wilbert Ross both said in Davos, is sending soldiers to the ramparts in the trade war that exists every day.
Summers, who is considered the academic architect
of the
strong dollar - weak gold policy implemented by the Clinton administration, has achieved notoriety
because of the tough way in which the IMF has tried to discipline countries implementing lax fiscal policies.
The materials sector is 5 per cent lower than at end October and has shown considerable volatility during the period
because of the conflicting effects
of strong increases in metals prices and concerns about the appreciation
of the Australian
dollar.
With 755 horsepower the 2019 Chevrolet Corvette zr1 is the most powerful Corvette ever it's also the most technologically advanced behind me are the rolling s's at Road Atlanta and we're here to see if we can reach to the supercar levels
of performance afforded by this thing's massive power big tires and the tall wing on the back after that we'll take to the streets to see if a car this powerful can behave itself in public this is a monster
of a car I've had some brief track opportunities moving this morning to get used to the pace
of this machine which is phenomenal we're gonna warm up as we get out to the road Atlanta and sort
of build up to the pace that this car can operate at now initially when you hop in this car you have this shrine to the engine right above you you see the line
of the hood it kind
of dominates the center
of the view you can see over it it doesn't affect visibility but it's immediately obvious and that kind
of speaks to what makes this car special it's a monster
of an engine listen to that [Music] that is tremendous tremendous acceleration and incredible power but what I finding so far my brief time here at the Atlanta is that everything else in the car is rut has risen to match hurt me while I lay into it on the back straight look you know 150 mile - an - hour indicated we're going to ease up a little bit on it
because I need to focus on talking rather than driving but like I was saying the attributes
of the rest
of the car the steering the braking capability the grip every system
of this car is riding to the same level
of the power and I think that's what makes it really impressive initially this is undoubtedly a mega mega fast car but it's one that doesn't terrify you with its performance potential there's a level
of electronic sophistication that is unparalleled at this price point but it's hard not to get you know totally slipped away by the power
of this engine so that's why I keep coming back to it this car has an electronically controlled limited slip differential it has shocks filled with magnetically responsive fluid that can react faster to inputs and everything this car has a super sophisticated stability control system that teaches you how to drive it quick but also makes you go faster we haven't even gotten into exploring it yet
because the limits
of this car are so high that frankly it takes a while to grow into it but [Music] I think what's impressive about this car is despite how fast it is it is approachable you can buy this car to track dates with it and grow with it as a driver and as an owner I think that's a really special [Music]
because you will never be more talented than this car is fast ever unless you are a racing driver casually grazing under 50 miles an hour on this straight okay I'm just going to enjoy driving this now [Music][Applause][Music] this particular Corvette zr1 comes with the cars track performance package a lot
of those changes happen underneath the sheet metal but one
of the big differences that is immediately obvious is this giant carbon fiber wing now the way this thing is mounted is actually into the structure
of the vehicle and it makes you know loading the rear hatch a bit more difficult but we're assuming that's okay if you're looking for the track performance this thing delivers also giving you that performance are these Michelin Pilot Sport cup tires which are basically track oriented tires that you can drive on the street but as we wake our way to the front
of the thing what really matters is what's under the hood that's right there's actually a hole in the hood
of this thing and that's
because this engine is so tall it's tall
because it has a larger supercharger and a bunch
of added cooling on it to help it you know keep at the right temperature the supercharger is way larger than the one on the zo six and it has a more cooling capacity and the downside is it's taller so it pops literally through the hood the cool thing is from the top you can actually see this shake when you're looking at it from you know a camera from the top
of the vehicle this all makes for 755 horsepower making this the most powerful Corvette ever now what's important about that is this not just the power but likewise everything in the car has to be built to accommodate and be able to drive to the level
of speed this thing can develop that's why you had the massive cooling so I had the aerodynamics and that's why I had the electronic sophistication inside [Applause] we had a lot
of time to take this car on the track yesterday and I've had the night to think about things Matt today two crews on the road and see how this extreme performance machine deals with the sort
of more civil minded stuff
of street driving the track impressions remain this thing is unquestionably one
of the most capable cars you can get from a dealer these days a lot
of that's besides the point now
because we're on the street we have speed limits they have the ever - present threat
of law enforcement around every corner so the question is what does this car feel like in public when you slow this car down it feels like a more powerful Corvette you don't get much tram lining from these big wheels though we as the front end doesn't want to follow grooves in the pavement it is louder it is a little firmer but it's certainly livable on a day to day basis that's surprising for a vehicle
of this capability normally these track oriented cars are so hardcore that you wouldn't want to drive them to the racetrack but let's face it you spend more time driving to the track than you do on the track and the fact that this thing works well in both disciplines is really impressive I can also dial everything back and cruise and not feel like I'm getting punished for driving a hardcore track machine that's a that's a really nice accomplishment that's something that you won't find in cars that are this fast and costs maybe double this much the engine in this car dominates the entire experience you can't miss the engine and the whole friend this car is sort
of a shrine to it the way it pops out
of the hood the way it's covered with coolers around the sides it is the experience
of this car and that does make driving this thing special and also the fact that it doesn't look half bad either in fact I think it has some
of the coolest looking wheels currently available on a new car this car as we mentioned this car has the track package the track package on this car gives you what they call competition bucket seats which are a little wide for my tastes but I'm you know not the widest person in the world this automatic transmission works well I mean there's so much torque again out
of this engine that it can be very smooth and almost imperceptible its clunky on occasion I think I'd might opt for the manual although Chevy tells me about 80 %
of its customers will go for the automatic I don't think they're gonna be disappointed and that's gonna be the faster transmission drag strip on the street - and on the racetrack man it was a little bit more satisfying to my taste though we've talked about the exhaust I have it set in the track setting let's quiet it down a little bit so you can hear the difference now I've set that separately from everything else so let's put it stealth what happened to the engine sound that's pretty that's pretty amazing man stealth is really stealth and then go back to track Wow actually a really big difference that's that's pretty great the Corvette has always been a
strong value proposition and nowhere is that more evident than this zr1 giving you a nearly unbeatable track performance per
dollar now the nice thing is on the road this doesn't feel like a ragged edge track machine either you could genuinely drive it every day the compromises are few and that's what makes this car so special if you like what you see keep it tuned right here and be sure to visit Edmunds.com [Music]
1) Gary Shilling — The US
Dollar has its weaknesses, but is
stronger than all
of the alternatives,
because the US possesses a lot
of strengths not found in the rest
of the world.
It is interesting to think about
because so many people already view Bitcoin or another token as their nexus currency and simply want more bitcoin, and therefore have not experienced a loss in their mind or accounting as to them they will be «taking advantage
of a
strong dollar» to earn more bitcoin in quantity.
Because climate change is likely to cause death to many, if not millions
of people, through heat stroke, vector borne disease, and flooding, annihilate many island nations by rising seas, cause billions
of dollars in property damage in intense storms, and destroy the ability
of hundreds
of millions to feed themselves in hotter drier climates, the duty to refrain from activities which could cause global warming is extraordinarily
strong even in the face
of scientific uncertainty about consequences.
Morr's business is about half foreign, half domestic; his domestic business has grown
because of the U.S. housing market recovery and a
strong dollar.
Ryan discusses the death
of Osama Bin Laden; Ryan reviews the economic news
of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance
of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact
of higher oil prices on the rest
of the economy; Louis also remarks on Bernanke's view
of the
dollar - the claim that a
strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound
dollar; Louis notes the irony
of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices
of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise
because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.