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Originally Posted by Marc D Tax-loss selling will come into play soon I imagine. Interesting behavior the market is displaying after a good 3rd quarter gdp, I guess the tanking dollar doesn't help much. Has the dollar seen its bottom? |
A tanking dollar should raise stock prices, not decrease them. At least if it's tanking due to inflation.
I think the GDP wasn't really news. Everyone knew GDP growth was going to be positive.