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US Dollar Decline Bullish for 3 Stock Sectors With Foreign Exposure: MS
  • Finance

US Dollar Decline Bullish for 3 Stock Sectors With Foreign Exposure: MS

Cs news4 weeks ago4 weeks ago05 mins

The dollar just wrapped up its worst half of a year since 1973, but the US currency’s loss might be the stock market’s gain. Morgan Stanley predicts that the dollar will continue depreciating throughout the year but it views this trend as a “substantial, under-appreciated tailwind” for stocks, one that could drive fresh earnings growth….

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