SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill F. who wrote (57679)8/22/1999 12:15:00 PM
From: Lucretius  Read Replies (2) of 86076
 
let's hope we see more along these lines.... see, dollar weakness is bullish too. -g-

from theStreet.crap :

Lehman's Applegate is not putting too much stock in the notion that good foreign stock markets will hurt the U.S.

"I hear that argument a lot," he said. "You know we tested that proposition and if you look at when U.S. demand for non-U.S. equity rises, you know what happens most of the time? U.S. stock market goes up." When people like stocks, they like stocks. Go figure.

The notion that the dollar's drop is a negative for U.S. stocks is also something of a stretch in this particular case, says J.P. Morgan chief U.S. economist Bruce Kasman. "I would argue most of the dynamic we've seen in the dollar is a good thing," he said. "It's a reflection of a recovery" from the economic crises of the last couple of years.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News