Deutsche Bank's economist Mark Wilde, Ph.D. reminds us that the cheap dollar helps our economy in two ways.

Obviously, our firms that export can sell more abroad. Additionally, foreign companies are unable to sell their products here. Dr. Wilde's remarks were good news to the paper companies to whom he spoke yesterday because our paper competes with European and Asian firms selling their products here in the US.

That analysis filters down to the rest of the economy. US vacationers are more likely to visit the Disneyland in FL than the one outside Paris as long as the dollar is so weak.