Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (263)	12/9/2013 5:43:10 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 26520

Kirk.. US companies have a ton of money locked up in overseas assets. Were they to bring that money back to the US, they would have to sell those assets, convert to USD, bring it back, and purchase US assets with that money. Selling a foreign denominated asset means selling that foreign currency, and buying USD, right? Which would seem to me could put a lot of upside pressure on USD demand, right? That's what I'm thinking.. So maybe the Fed/Treasury doesn't want the USD to be that much stronger (or Foreign Currency - Euro to be weaker), so it's better to leave that money stranded overseas by penalizing it's return to US shores. Is my logic fouled up? Hawk