MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: SGJ who wrote (12535)	6/3/2002 4:44:36 PM
From: patron_anejo_por_favor	Read Replies (1) of 19219

<<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>> Excellent point, qcoman! Manufacturing has been leaving the U.S. for overseas locales in droves for the last 10 years, and it ain't coming back. That's one of the big reasons the administration keeps hyping a strong dollar. A weaker dollar benefits the US much less than it would have even 5 years ago in terms of stimulating GDP growth, and it will have a greater impact than ever with respect to increasing ("importing") inflation.

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