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2.(5 points) From the news: Stocks are falling, the dollar is rising. Are these two things related? It could be a challenge for the stock
2.(5 points) From the news: Stocks are falling, the dollar is rising. Are these two things related? "It could be a challenge for the stock market in the fact that about 40 percent of the S&P 500 earnings are generated from outside the United States," said Michael Arone, chief investment strategist at State Street Global Advisors. "As the dollar strengthens, that has certainly created risk to those earnings.a.Use the investing equilibrium (IP) to understand/support what Michael Arone is saying.
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