Reed Mcpherson CEO Pleases As The Dollar Defies Bernanke Skeptics to Become November's Best Asset.

Dec. 1, 2010 - PRLog -- The U.S. Dollar Index, which tracks the currency against those of six major U.S. trading partners including the euro, yen and pound, rose 5.2 percent in November. The Thomson Reuters/Jefferies CRB Index of 19 commodities was little changed. The MSCI All Country World Index of stocks fell 2.2 percent after accounting for reinvested dividends. Bonds lost 1.1 percent including reinvested interest as measured by Bank of America Merrill Lynch’s Global Broad Market Index.

While German Finance Minister Wolfgang Schaeuble said Fed Chairman Ben S. Bernanke’s decision to pump $600 billion into the world’s largest economy by purchasing Treasuries was “clueless,” rising bond yields and signs of economic recovery increased the allure of U.S. assets. The gain in the Dollar Index brought its advance for the year to 4.4 percent, trailing the 5.3 percent rally in bonds, 5.5 percent for stocks and 6.4 percent jump in commodities prices.

“Strong U.S. economic figures have helped the dollar,” said Reed Mcpherson CEO, Michael Richardson

Striving to change the perception of what a Mergers & Acquisitions firm should be, Reed Mcpherson Associates is driven to offer the most innovative legal services available to our clients. For over 20 years, our unconventional insight and collaborative work style has guided the advancement and success of our valued clients.

Today, Reed Mcpherson Associates remains faithful to its founding focus and entrepreneurial roots by leveraging sound business and mergers & acquisitions experience, strong business relations  to enhance the growth and prosperity of our clients.

Our experience and commitment to client service has enabled Reed Mcpherson Associates to become recognized as a leading mergers & acquisitions firm.

Located in Seattle, Washington, we  serve the global business community, from small, entrepreneurial and family-owned businesses to publicly traded corporations.