I own 10k shares of the faz and I desperately need them to go up because I lost tens of thousands of dollars in my RIMM long position. So if bank become insolvent due to another recession, I should make my money back and more.
Fred, why you don't understand US dollar is going up us has a lot more imprts than export it is benefiting paying for oil and all raw materials. Just inflated stoks and materrilas are going down. Cheaper gas, food and other goods and services will be helpful for economic growth
American economy is already in crashing mod not a good thing for the people riding on the same boat. Concern is inflated stock and commodity mkts. If gas, food and other material items are cheaper in a rising dollar scenario we can turn the sluggish economy ito a road of growth. But Fed's policy is to inflate assets artifically by printing money and making diffcutl to a big majority of people to buy anything but the essantial daily use items.