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Strategies & Market Trends : Steve's Channelling Thread
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To: orkrious who wrote (17085)6/5/2001 5:56:09 AM
From: Crimson Ghost  Read Replies (1) of 30051
 
Jay:

The key is the dollar. As long as it remains strong Greespan can cut rates with only a modest impact on inflation. In this respect note that the dollar is stronger today than before Greenie began cutting. But heaven help Greenie when and if the dollar tanks.
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