Many companies try to blame their poor earnings on the U.S. dollar. Don’t believe it.
[ad_1] The U.S. dollar has become an all-too-convenient whipping boy for S&P 500 SPX, -0.10% corporations trying to explain why their earnings have come up short. You should take such explanations with a healthy grain of salt. The U.S. Dollar Index DXY, +0.98% has declined in recent months. Yet regardless of whether the the index … Read more