Since mid-May, the value of the US. dollar has declined in value as European stock prices have outperformed stock prices in the United States. This performance appears to be connected with the fact that money tends to flow out of the United States as investors believe that risk factors in the world have changed. Right now, the value of the U. S. dollar continues to decline as confidence has declined in the United States, and may continue to do so through year end. James Mackintosh, in the Wall Street Journal, states the obvious, Perhaps the obvious trade in the world right now is to sell U. S. stocks in expectation ... (full story)