Tuesday, August 11, 2015

TheStreet: Ten Reasons to Love the Strong Dollar

NEW YORK (TheStreet) -- The surge in the greenback has some stock investors screaming foul, but they shouldn't be. Instead, they should embrace the strength. 
It is true that the trade-weighted value of the U.S. dollar has climbed more than 21% in the last 13 months, according to recent data from the St. Louis Federal Reserve. It's also true that the rally is taking its toll on the earnings reports of some multinational companies -- their foreign revenues take a hit when translated back into dollars.
Still, there is plenty to feel great about. Here are 10 reasons to smile.

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