The Rising Influence of Rising Affluence

[wow_happens28]

ilpapa- the Fed relaxing sent the dollar down and was the reason many foreign ETF's to soar yesterday. The Indian currency has been falling the last couple of weeks, but has a ways to go. I think the "Tailwind" is resuming. Goldman Suck's must have had inside infor as to what the Fed was going to do as they put out buys on a few foreign countries last week, including Brazil. Great article non the less.
http://finance.yahoo.com/q/bc?s=USDINR=X&t=3m&l=on&z=l&q=l&c=

http://finance.yahoo.com/q/bc?s=USDINR=X&t=5d&l=on&z=l&q=l&c=

I have a special interest in Brazil and happy to see the currency more favorable for my investment.

http://finance.yahoo.com/q/bc?s=USDBRL%3DX+Basic+Chart&t=5d

http://finance.yahoo.com/q/bc?s=USDBRL=X&t=1y&l=on&z=l&q=l&c=

A falling dollar verse local currencies helps their exports, but it then gives exporting US companies a headwind. Global US companies producing say in India will have a help to their balance sheet if the INR keeps falling, depending on how JV's are structured. My company with a Brazil JV had a 10% negative adjustment in Q2 for all Brazil sales and profits.

Long term the rising US debt and world debt overall is a different story I hope I don't understand it.