Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (61785)	5/4/2002 4:56:36 PM
From: Haim R. Branisteanu	Read Replies (2) of 99280

Hi Zeev, just one remark and reminder, way back 6 months or so I commented that the cost of doing business went way up due to the anti terror measure taken by government and business. Many on this tread brushed me away at the time .... as it happen it is true profits fail to recover even that business was not so badly hurt. Looking forward the economy is on the path to recovery but a slow one and much will depend on Bush policies to ward the ME. Already caving in to the Saudis demand has hurt the USD and the US stock market. There was no question that the USD will soften but the real collapse started with the Saudi visit. Currency markets and stock markets are priced on fundamentals but more so on perception, and today the perception is that the US is not as dominant and powerful as previously thought. those are my 2 cents

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