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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (1186)9/28/2007 2:41:12 PM
From: John Carson  Read Replies (2) of 71454
 
I agree, there is no way we have 2% inflation right now.

The stock market will wake up to potential dollar crisis when it perceives that Bernanke can no longer cut rates and may even have to raise them again. That would be something if he has to turn around and raise them at October meeting or sooner because the dollar has broken 70 or 60. Anybody have a guess at how low the dollar would have to go before fed has to raise?
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