Mitt Romney's Swiss bank account is back in the news, and Americans are wondering why he has money in the famous tax haven. But if "Swiss bank account" makes you think of criminals, secret agents and tax dodgers, your ideas are more fiction than fact.
The dollar-stocks see-saw -- in which the two move in opposite directions -- seems to be holding up. And over the longer term, there's good reason for the dollar to stay on its recent upward trend, which would be bad news for stock prices.
As the Dow struggles to hold 10,000, the remarkable thing is how resilient U.S. equity markets remain. The jobs data may be grabbing the headlines, but the real news is the euro has caught swine flu. That's why the dollar is up -- and stocks are straining.
