Welcome To The Currency War, Part 20: Corporate Profits Head South, Stock Prices To Follow?

Posted by John Rubino - DollarCollapse.com

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Corporate-profits

A too-strong currency is, in theory, supposed to make it harder to sell things to cheap-currency countries, thus crimping corporate profits and by implication pretty much everything else.

The US dollar has been rising against the rest of the world for over a year, so let’s see how we’re doing. From today’s Wall Street Journal:

Corporate-profits