There is an upside to the falling dollar ?

Well, isn't that interesting ? I would have not though of looking at it this way, but it makes sense.

"The Upside of the Falling Dollar

But underneath the numbers, the currency shift and diminishing value of the dollar has given Pepsi - and many other globally focused U.S. companies - a strong and steady tailwind. The dollar’s fall against currencies around the world is driving down the overseas prices of U.S. exports, and driving up export sales. That’s helped stabilize the U.S. manufacturing job base.

For Pepsi, "favorable foreign currency upsides allowed us to reinvest in several international markets in the quarter," Nooyi said in a company statement.

And the falling dollar opens many other doors for U.S. investors to profit. Not just riding the coattails of internationally moving American companies like Pepsi, Yum! Brands Inc. (YUM) and Exxon Mobil Corp. (XOM), but by investing in exchange traded funds (ETFs) and in foreign currencies gaining on the dollar."

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