The Dollar Could Fall, But That’s Not A Bad Thing

The Dollar Could Fall, But That’s Not A Bad Thing

Article SummaryThe U.S. dollar faces many headwinds that could force it downward over the next several months.A falling dollar could benefit the U.S. manufacturing sector and stimulate growth.Large cap companies in the S&P 500 derive around 40% of their earnings from international sales and a decline in the dollar should positively impact 2015 earnings.The almighty dollar has been the war cry of the U.S economy for more than six months and the stock market has risen along with it. Take a look at the correlation between the U.S. Dollar Index and the S&P 500 (SPX) since late October of last year… Read full article at Seeking...
How To Play The Second Quarter

How To Play The Second Quarter

Article SummaryThe 2nd quarter is on track for growth of 3.5% as opposed to the 1st quarter’s anemic flat performance.The Fed will drive market performance as the interest rate hike draws near.Lowered guidance during the 1st quarter could become a tailwind during the 2nd quarter as companies stand to surprise on the upside.The first quarter of 2015 officially ended March 31st and the results are disappointingly lackluster. Data is often revised backwards to adjust for new information, but it would take a huge revision to change the outlook most economists have for the 1st quarter.GDP growth is expected be between zero and 2% with many firms predicting growth of less than 1%. The Federal Reserve Bank of Atlanta lowered its estimate from 0.3% to 0.2% following a weaker-than-expected report on business spending and investment… Read full article at Seeking...