Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (58056)	6/10/2002 8:43:04 AM
From: robert b furman	Read Replies (1) of 94695

Hi VI Was it not the crash of the Thailand currency that caused the Asian contagion - while the dollar was the safety haven benefactor?That weakness did take our markets lower. Now as the Dollar loses its crippling effect on domestic manufacturers who export -you predict another crash ? Seems like your completely overlooking the possibility that Bush's "support of the strong dollar" is no longer worth crippling or manufacturing sector/export markets - which is the last to respond to the economic recovery (that is being regularly confirmed as alive and well by high frequency statistics). When we shore up our manufacturing with a competitive dollar - the worlds investment capital will flock to our weak dollar and recovering stock market. The resumption of our manufacturing sector in combination with a gain in the Dollar will be the dynamic play of 02/03. I think it signals a concern for "our econmy first"(sorely lacking by any of the past administrations) - this is also seen in our tariffs policy - cut out the chronic cheaters. A long since missing ingredient to global economic leadership.JMHO Give growth a chance!gg Bob

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