What Does The Dollar's Drop In Value Really Mean?

The value of the dollar vs. other currencies has been dropping, and it's causing some folks to worry about the health of the U.S. economy. Mark Dow, writing for TheStreet.com, says there's no reason to predict doom and gloom. He says the dollar's depreciation is more about other countries finding confidence in their own currencies than a lack of confidence in our own economy. In fact, Dow says it's a sign that the global economy is in "unprecedentedly great shape."

Dow's analysis is detailed and clear. It's also well worth the read.