maybe, but not necessarily
because plenty of cisco stuff made overseas, thus cost rises even as selling price in the usa remain the same, while still making no sense for usa-based assembly due to wage inflation in alignment with fiat money inflation, or, in the absence of wage inflation due to globalization, other cost-push inflation, etc etc, or
usa interest rate rises with lessening demand for debt paper, and all stocks crater
it is a delicate situation, and the supposedly slam dunk may not be
meaning, in the case of a sharp devaluation of USD, we can say that Coca Cola ought to perform better then some regional airline stock, going up or down, but probably down |