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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%3:59 PM EST

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To: Mark Fowler who wrote (73934)8/16/1999 12:14:00 AM
From: Bilow  Read Replies (3) of 164684
 
Hi Mark Fowler; Regarding when it comes time again the US will defend the dollar again. On this, we can all agree.

The problem is that the US defends the dollar in only one way. Higher interest rates.

The only question is when will the US be forced to defend the dollar, and how high will they have to raise interest rates to attract foreigners into funding even more of our ongoing trade deficits.

The implications are quite nasty for the US stock market.

-- Carl
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