There’s a lot to be said for investing in the dollar.

The Dow Jones Industrial Average rose 2.7 percent, the S&P 500 gained 0.9 percent, and the Nasdaq Composite rose 4.2 percent.

And in all, the dollar index rose 6.9 percentage points to 2,053.83.

That means the U.S. has climbed from a historically weak position.

But the stock market has fallen even further in the last year.

Since December of last year, the Dow has lost nearly half a percent and the S & P 500 is down almost 10 percent.

So what’s going on?

Is it just that stocks are overvalued?

Is there something to the trend?

Or are stocks simply over-valued?

To find out, we sat down with Michael Ladd, a former investment adviser to the U: the Wall Street Journal and author of The Dollar’s Way.

This is part three of a two-part interview.

First, Michael.

Michael Ladd: Thanks for having me.

What is your take on what’s happening?

What is going on in the U.?

M.L.

Ladd: I think a lot of people are losing faith in the stock markets.

They don’t trust them.

They’re not invested in them.

And I think that’s a mistake.

If they don’t believe in them, then they don, you know, buy into them, or they don.

But, you don’t buy into the stock, because the stock doesn’t matter.

It doesn’t do anything, but you don to.

And that’s the key, and that’s what I’m here to tell you.

Michael Laid out the key points of the stock boom that we talked about.

So the dollar, the euro, the yen, and gold all went up, and then they all fell.

And the S.&amp:P 500 dropped 9.5 percent.

But there’s been a big increase in U., you have the dollar as a percentage of the global GDP.

That’s a big change.

What was it that was driving that?

M. Laid: Well, the main factor that drove the increase in the currency and in the value of the dollar is because of the Fed’s stimulus package, which the Fed has given to the financial markets, and it’s also due to the Federal Reserve’s quantitative easing program, which it’s doing for economic growth.

But also, as we’ve talked about, it’s been driven by the Fed tightening its monetary policy.

And so it’s driving down the value.

So if you look at the last six months, you’ll see that the U.’s value has fallen by roughly 5 percent, which means that the dollar’s worth about 6.2 billion dollars more than it was a year ago.

Michael: And that was on an upward trend?

M Laid.

Yeah, that’s true.

So that was just a reflection of the fact that the Fed is now trying to get its act together.

And, you’ve heard from the Fed that it is looking to boost its balance sheet, and you know that’s been done.

And they’ve been buying up the bonds of the financial sector, which has a very big effect on the economy, and so I think this has been a good thing.

Michael is a former adviser to: the WSJ and author.

The Dollar\’s Way.

But I do want to talk about what the dollar has been doing over the last five years.

What are the reasons for the recent upturn?

M, Laid says the Fed, the central bank, has pumped money into the financial system and it\’s driving up the prices of the stocks and the bonds.

And you can see that in the way the market has reacted.

But that’s not the whole story.

You have to understand the fundamentals.

The real problem that the market is having is the problem of inflation.

Michael says that the world economy is slowing down, and inflation is high.

What has that done to the value and to the price of stocks and bonds?

M: Well the problem is that the cost of doing business is very high.

So when the cost to do business is high, you need to keep prices low.

And then you need higher levels of wages, which drives up the price.

So you need lower prices, which leads to higher prices.

And as you can imagine, when prices go up, they also lead to higher profits.

And when you have higher profits, you also have higher earnings.

So, you see that all the time.

And if you have high wages, you will also have high profits, and higher earnings, and even higher profits for the company.

So this is just the way it is.

So it\’ll be more profitable for the companies.

And therefore, you can expect that the company will be able to pay more and pay more for its products and services.

And this is exactly