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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Joan Osland Graffius who wrote (166548)5/17/2002 5:52:14 PM
From: David Zgodzinski  Read Replies (4) of 436258
 
Joan

the bullish case for equitiies would be that they are a nicer inflation hedge than gold. US companies will do better if dollar falls - well manufacturers should do better. Not retailers, because import prices might go up...not banks and home builders because interest rates might go up to defend the dollar...ok so there's a few exceptions...

But in general the bulls probably like the idea of a weaker dollar, so it wouldn't be all that strange to have stocks and gold as fellow travellers for awhile.
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