Why The Dollar Is Getting Stronger

Despite all the recent troubles in our economy, the dollar is actually getting strong. Stanley Reed explains why:

First, there's the fear factor. During tough economic times, investors often flee foreign currencies and other risky assets for safe havens like the U.S. dollar. The demand drives up the price relative to other currencies. In four of the past five recessions since the 1970s, the greenback finished the downturn higher than where it started. continued

by Louis Navellier | 12/02/08

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Why The Dollar Is Getting Stronger

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Can Citigroup Be Saved?

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