Weak USD? Blame Trump

[Berkshire]

I've read similar articles that come to the same conclusion.  The incompetent POTUS is hitting us where it hurts...especially US expats.  Not only is the USD weak, but it's weak when it really shouldn't be weak.  

 

[Following an initial bump up in the dollar's value at the end of last year, on the prospect of a Trump presidency, the dollar has lost as much as 10 percent of its value since January 2017, Trump's inauguration. This sharp dollar decline suggests growing doubts on the part of currency traders as to the direction of U.S. economic policy.]

[The dollar's recent decline is particularly troubling, as it comes at a time when two historically very dollar-supportive factors are in play.]

 

https://www.usnews.com/opinion/economic-intelligence/articles/2017-08-22/under-trump-the-dollar-is-weakening-when-it-should-be-strong

 

[scubascuba3]

US markets are all time high, why haven't you invested? Missed out on big gains the last few months

[Berkshire]

29 minutes ago, scubascuba3 said:

US markets are all time high, why haven't you invested? Missed out on big gains the last few months

My stock portfolio is doing fine...although I'm a bit concerned about the upcoming correction.  But what does that have to do with the weak dollar?

Edited August 23, 2017 by Berkshire

[scubascuba3]

My stock portfolio is doing fine...although I'm a bit concerned about the upcoming correction.  But what does that have to do with the weak dollar?

I thought that was obvious. People staying in cash have lost out on the weak dollar, those who have invested are doing fine just now.

[Berkshire]

12 minutes ago, scubascuba3 said:

27 minutes ago, Berkshire said:

My stock portfolio is doing fine...although I'm a bit concerned about the upcoming correction.  But what does that have to do with the weak dollar?

I thought that was obvious. People staying in cash have lost out on the weak dollar, those who have invested are doing fine just now.

We're not talking about people staying in cash (<deleted>?).  I can cash out some of my stocks right now with a profit.  But if I brought cash over to Thailand which is converted to THB, I'd lose out due to a weak USD.  Does this need to be explained? 

[speedtripler]

5 hours ago, Berkshire said:

We're not talking about people staying in cash (<deleted>?).  I can cash out some of my stocks right now with a profit.  But if I brought cash over to Thailand which is converted to THB, I'd lose out due to a weak USD.  Does this need to be explained? 

But you get more of those weaker dollars  because of the inflated stock market and the hyperinflation of the usd... 

 

Probably you will have about the same amount of spending power because although the dollars are weaker, you ended up with More of them than people who stayed in cash...

Cash erosion via Inflation is a silent killer