Friday, March 13, 2015

Editor's note: The Wall Street Journal quotes an analyst at Conifer Securities saying the dollar's strength is sapping the stock market. 'This whole move is being driven by one thing and one thing only, and that’s the dollar,' said Rick Fier. 'It’s going to crush earnings. You’re not going to get any sort of outlook that’s any good.' - Tom

Editor’s note: The Wall Street Journal quotes an analyst at Conifer Securities saying the dollar’s strength is sapping the stock market. ‘This whole move is being driven by one thing and one thing only, and that’s the dollar,’ said Rick Fier. ‘It’s going to crush earnings. You’re not going to get any sort of outlook that’s any good.’ – Tom
Read more…