Jeffrey Saut: Why the U.S. is in its best position in years

The following is an excerpt from the commentary of Jeffrey Saut, Chief Investment Strategist and Managing Director of Equity Research at Raymond James & Associates, for Monday, Sept. 24. To read the full commentary, click here. Heavy selling out of the Middle East was an old standby. Since no one ever had any clue what the Arabs were doing with their money or why, no story involving Arabs could ever be refuted. So if you didn't know why the dollar was failing, you shouted out something about the Arabs. Alexander, of course, had a keen sense of the value of my commentary. He just laughed....