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Is a Strong Dollar Good or Bad for the U.S. Economy?
Thursday, February 12, 2015 10:51
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Is a Strong Dollar Good or Bad for the U.S. Economy?
By Pam Martens and Russ Martens: February 12, 2015 The “thriving” U.S. economy as reported in a Bloomberg News headline this morning – a characterization which supports the U.S. central bank’s position and little else – was further undermined by the 8:30 a.m. release of retail sales for January, which dramatically undercut analysts’ estimates and came in at a decline of 0.8 percent. January’s drop followed a negative 0.9 percent reading in December. Consumer spending … Continue reading →
Source: http://silveristhenew.com/2015/02/12/is-a-strong-dollar-good-or-bad-for-the-u-s-economy/
