The US dollar has been falling since Friday around 6:10 am in the morning Eastern Standard Time from when it was up at a peak of $91.49. Since the stock futures have started this late afternoon out on the Pacific Coastline on the rise, except that when the US dollar had bottomed to $91.00 at 6:55 pm EST on this Sunday 2/7/21. The dollar has been climbing at a slow crawl, here is the stock futures: DOW is up by .45 percent, the S & P 500 is up by .47 percent and the NASDAQ is up by .55 percent at 7:15 pm PST. With the dollar dropping like the way it did on Friday 2/5/21 the correction that has been in the news will more likely come around when the dollar is suddenly rising. Here is an article on the countries dealing with the negative interest rates: https://www.cnn.com/2021/02/07/investing/stocks-week-ahead/index.html. Right now the US dollar is at $91.06 at 7:34 pm PST and here is another update on the stock futures: DOW is up by .56 percent, the S & P 500 is up by .50 percent and the NASDAQ is up by .58 percent at 7:36 pm.
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Sunday, February 7, 2021
Been a sharp decline on the US dollar since Friday 2/5/21 and the stock market correction isn't coming yet.
I am author in writing multiple stories from science fiction to mystery. A bit of adventure, ghost stories, fantasy to action. Experience at investing for over 26 years and stock market research for close to 44 years. Owner of Carson Investment Services LLC. Working on around 40 different stories to be published, with two nearly ready for publishing. Been in the movie theatre business for 22 years and gave the Detroit Theatre another 30 years of life before it went out of business in Lakewood, Ohio. Member of the United Food and Commercial Workers Union from Cleveland, Ohio and had been an NBA partner with the Cleveland Cavaliers for 17 years.
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