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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.97+1.0%1:44 PM EST
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To: GST who wrote (135866)12/16/2001 8:10:06 PM
From: Bill Harmond  Read Replies (2) of 164684
 
You can't argue both trade effects AND marketplace effects. They are two different dynamics.

I say the dollar stays strong because of demand (for dollar-based assets). I've said it and you're not hearing it. So we don't disagree.

The part where (I think) you say the dollar is going down a rathole someday because of the trade impalance is where we disagree...as long as the US remains a disciplined and productive economy.

Read the conclusions in this Fed paper:

ny.frb.org
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