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Strategies & Market Trends : Waiting for the big Kahuna
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To: Real Man who wrote (56185)11/8/2001 12:18:36 PM
From: Real Man  Read Replies (1) of 94695
 
The Euro is dumped on a 50-bp cut, with surplus, while after 3 50-bp cuts the dollar went ballistic from 111 to 115 and change, with huge trade deficit. Bubble sign. The Fed is absolutely nuts to promote more lending and a stronger buck! This will put consumers in more debt, who will buy foreign goods, not ours.
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