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 : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandeep who wrote (52996)1/2/2001 7:00:51 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<Foreigners haven't been plowing money into US and the dollar because interest rates in US are high.>>

Actually, that IS why foreigners have been plowing money into the U.S., along with gambling on the internet/tech equity bubble. They had the best of both worlds, rising US stock prices AND rising dollar conversion rates vs. their own currencies (with the exception of the last half of '98). The situation is EXACTLY analogous to Japan in the last half of the 80's, when the Yen was king and the Nikkei was rocketing to 40,000. Heck, I even invested there myself (and count myself EXTREMELY lucky to have escaped before the bubble burst in 1990). When it unwinds, the foreign investor catches the worst of all worlds, namely declining share prices/rates and declining currency relative to their own. Do you think international money managers have forgotten this little lesson from the not-too-distant past? (I sure don't...)
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