Some headlines today read that this was the best September for stocks in 70 years. Another headline reads that dollar takes biggest monthly loss since 2008. Are these two related? Does the dollar value dropping mean that it takes more dollars to buy a share of domestic stock and, thus, the dollar value of the stock appears to rise? Is this a "fake" rise in the DJIA?
Really not trying to be a negative nanny, just trying to understand what may be happening.
Really not trying to be a negative nanny, just trying to understand what may be happening.
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