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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (11339)5/6/2002 2:22:11 PM
From: techanalyst1  Read Replies (1) of 57684
 
The declining dollar was cited as one of the causes of the 1987 "crash" with foreign investors choosing to withdraw from our market.

Course.......... we had other problems too like higher interest rates and increasing inflation.

But where are foreigners going to put their money? If our economy stalls, probably so will theirs and then their currency probably declines relative to the dollar.

Maybe they're moving into gold and out of all equities. That would sure explain why gold is strong and safe stocks are falling anyway.

TA
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