Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.96

+1.4%

Nov 11 3:59 PM EST

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To: limtex who wrote (33587)	6/29/1999 1:51:00 PM
From: DWB	Read Replies (1) of 152472

Great summary. One other thing to keep in mind is that if the Fed raises rates, an already strong dollar will see another rush from around the world. If the Fed adds fuel to this fire by raising interest rates even just a quarter of one percent, the dollar will move higher. A strong dollar, never mind a super strong dollar puts downward pressure on U.S. inflation, economic growth and interest rates. And then the Fed "geniuses" will have to hold a press conference to tell us how they pulled us back from the brink, and start lowering rates again... DWB

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