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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: ahhaha who wrote (12528)6/3/2002 4:26:12 PM
From: SGJ  Read Replies (2) of 19219
 
A lower dollar has the opposite consequence than it had in the past. It stimulates American output more than it does for any other country. >>>>>

It may stimulate manufacturing output, however American manufacturing output as a percentage of total GDP is at its lowest percentage ever and falling. That's the downside of globalism, free trade and corporate wanderlust. In general, I am not looking for manufacturing to save us. I think prices may rise though because the imported goods we consume will cost more.
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