Yeah, they benefit from a stronger dollar because Porsches are cheaper and they get more bang for the buck when they travel to Davos. :-/
But I still think they'd benefit more if the economy were growing better, and that is only going to happen when the bottom 90% earn more. Grow the pie rather than dragging people down below themselves, in other words. But convincing them of that seems to be an impossible task in the current political environment...
FWIW.
Cheers,
Scott.
But I still think they'd benefit more if the economy were growing better, and that is only going to happen when the bottom 90% earn more. Grow the pie rather than dragging people down below themselves, in other words. But convincing them of that seems to be an impossible task in the current political environment...
FWIW.
Cheers,
Scott.