This author is of the view that euro's fall reflects fundamentals. Euro was grossly out of alignment and every strengthening of the euro currency was painful to exporters of Europe. So any fall reflects the real ground situation. Helps European exporters.
Buying time with Greece may have only weakened Europe. So the Greek crisis again is a time to ponder.
The fall in oil prices too is in conformity with glut expectations.
Although the energy stocks might affect the Dow Jones, this might be wiped off in the short run itself.
Things look good for USA economy. A migrant+technology+innovation economy.
Views expressed without risk or responsibility.
Buying time with Greece may have only weakened Europe. So the Greek crisis again is a time to ponder.
The fall in oil prices too is in conformity with glut expectations.
Although the energy stocks might affect the Dow Jones, this might be wiped off in the short run itself.
Things look good for USA economy. A migrant+technology+innovation economy.
Views expressed without risk or responsibility.
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