<p>The falling US dollar is causing some problems with our foreign trading partners and you may have noticed that Ford stock has gone up 40% in the last 3.5 months. They are the surviving US automaker (financially) and foreign carmakers will have to raise prices or lower their profit margins to maintain marketshare.</p>
<p>The charts indicate that we might have an intermediate bottom in the USD. But the actions by the Fed after the mid-term elections and the actions of the lame-duck Congress could continue the US dollar slide. This is already showing up in gasoline prices and food prices.</p>