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Strong Dollar - The Meaningless Debate

BY KEVIN COOK | JUNE 09, 2009 | 10:30 AM | 0 COMMENTS

10 Reasons Not to Worry

1.  Little positive correlation between strong equities and strong dollar.

2.  "King dollar" was not the story during credit crisis that took EUR back to $1.25.

3.  Dollar sell-off began in March with equity bottom and commodity "reflation."

4.  China diversifying reserves is an old story whose time has come.  Will get priced in slowly.  No panic here.

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