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.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hobo who wrote (4045)6/11/2001 10:37:45 AM
From: John Pitera  Read Replies (3) of 33421
 
Toscano, the British Pound has been very weak, and has made new 2 year lows the past few days.

And the pound has to weaken futher or the Euro rebound if Britain is to join Euro currency.

Both the euro and yen economies have some structural issues to deal with.

---------

More structural problems for the euro, as we would note that the European Commission is on the verge of implementing EU-wide legislation that would force employers to inform and consult with employees on issues of corporate planning and decision-making. The directive is expected to be applied to companies with 50 or more employees and necessitates that employers must disseminate regular information to workers on the "probable development of the company's activities and its economic and financial situation," while also consulting with them on their employment prospects. While still a long shot, there is even the chance that the legislation could include stiff penalties for companies that breach law, including the freezing any layoffs that come without employee consultation. As far as we are concerned, this has to be considered a hindrance to the euro given the fact that it will likely make it more expensive for corporations to work off excess capacity.
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