Investing Club: Recent weakness in the strong dollar is a welcome development for multinational Club stocks
The dollar has run into a brick wall in November, a potentially hopeful sign for multinational Club stocks that have seen their earnings dented because of the U.S. currency's strength this year. To be sure, it's too soon to know whether the downward move over the past few weeks will persist and turn what's been a headwind for companies like Microsoft into a meaningful tailwind. The U.S.
The dollar has run into a brick wall in November, a potentially hopeful sign for multinational Club stocks that have seen their earnings dented because of the U.S. currency's strength this year.
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