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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Hawkmoon who wrote (2022)8/6/1999 9:47:00 PM
From: Henry Volquardsen  Read Replies (2) of 3536
 
Ron,

I agree.

The event trigger I referred to in a couple of earlier posts will, I believe, cause a flight to quality. This will send money back into the US. I also believe that concerns about the economic impact of Y2K in the emerging market is going to make investors cautious towards equities until the new year. So the Treasury market will be the main beneficiary.

I also agree that I doubt the dollar exit strategy is unlikely. As you say, the first obstacle is that it would mean investing in currencies that are being kept weak in order to promote exports. In addition I believe the long term US fundamentals are superior to Japan and that the US will continue to provide better investment opportunities.

Henry
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