A drooping buck does have certain positives. Like helping the profits of US multinationals and making it easier for domestic producers to hike prices. The market seems to be looking at these positives right now and ignoring the fact that the weak dollar will further discourage foreigners from parking their capital here.
Heaven help the market when people again focus on the negatives associated with a weak currency.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi