RE:RE:RE:possible reason for decline in marketCramer says the broad sell-off was because of hedge fund redemptions by investors getting out of poor performing hedge funds.
sunshine7 wrote: Normally US rate hikes lead to a stronger dollar which makes repatriated income from international sales less and hence lowering earnings for these companies. The odd thing is that the US dollar is down today and the markets have been down all day??? The good news is that CXR is up on a downer day! Should there be a rebound next week, no telling what may happen.