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A comment on Asset prices are high across the board. Parent comment

Re:Asset prices are high across the board by UweSchmidt on Saturday October 07, 2017 @04:55AM (#15422967)
But you would certainly like to have some kind of explanation on why the dollar is so weak before calling this a good time to invest? Like - what exactly is going on over there?

The US economy seems to be less dependent on exports as other countries, and the fortunes of US (tech) companies seem to hinge on other things than exchange rates.

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Re:Asset prices are high across the board by danmaz74 on Saturday October 07, 2017 @06:18AM (#15423178)
OTOH, the US economy is very dependent on one special "export": dollars, which for now the rest of the world accepts to sell goods on credit (see negative trade balance). If the dollar continues to devalue, this mechanism could break at some point.
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Re:Asset prices are high across the board by dirtyaura on Saturday October 07, 2017 @06:04AM (#15423131)
That is very true. And in general, contrary to what Wall Street at least used to think, I think Trump administration will cause damage in the long run for the US economy, especially if he is re-elected.
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