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Originally Posted by The Big D 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. |
True about the GDP, no surprise there with the government stimulus and all. Excuse my ignorance because i'm still a bit of a noob with markets and stuff and I'm learning as I go but CPI has been relatively under control so is fear of future inflation indeed why the dollar is tanking or is it some other factor(s)?