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.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BGR who wrote (84188)10/13/2000 1:09:00 PM
From: Earlie  Read Replies (1) of 132070
 
BGR:

I don't hold opinions on rates, I just observe. It's there and it doesn't seem to be shrinking. (g)

I don't analyze currencies either, but I do try to understand what is going on behind the big numbers. Not terribly successful here, but perhaps a tad better than the "average bear". Historically, massive trade deficits have typically been dealt with through currency crunches. The changing "reserve currency" status of the buck and the emerging probability that the Euro will be accepted as a reserve currency, sure do make it a muddy pond in which to snorkle, but one does have to try.

Is the U.S. economy "strong"? Certainly debatable, particularly given that the government stats are so useless and distorted. IMHO, it's far too vulnerable to a debt-burdened consumer.

Best, Earlie



No doubt the historic spreads that have recently appeared in the U.S. bond markets (worse than the fall of 1998) speak to the
-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext