VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (52505)	6/3/2002 9:41:52 AM
From: Sully-	Read Replies (4) of 65232

Beginning??? LOL :-o 07:12 ET Slide in U.S. dollar could dampen stock market recovery-- WSJ : The Wall Street Journal reports that the dollar appears to be beginning a long-anticipated slide against the euro, the yen and other major currencies, which could keep U.S. stock prices in the doldrums and put upward pressure on interest rates. In addition, a sustained fall in the dollar could lead to an uptick in inflation (by boosting import prices and making it easier for domestic manufacturers to raise their own prices) and could bring an increase in exports that would boost overall growth.

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