The Rising Influence of Rising Affluence

[DewDiligence]

A falling dollar would be great for many of the stocks mentioned on this board that have big international revenues and profits.

True; however, a weaker dollar affects multinational companies differently depending on where they produce their goods or services. Multinationals whose costs are geographically spread in a similar manner to revenues benefit from a weaker dollar via currency translation but not from higher operating margins. On the other hand, multinationals whose international sales come mainly from US exports benefit from both currency translation and from higher operating margins.