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

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To: Haim R. Branisteanu who wrote (172004)6/12/2002 10:39:23 AM
From: maceng2  Read Replies (2) of 436258
 
Hi Haim.

Been watching the USD as usual.

quotes.ino.com

I understand the clarity of your facts and argument re the Euro, however the USD is tracking the USA stock market.

Alan Newmans argument is the the American Economy IS the stock market, that the money tied up in stocks is still greater then GDP.

Doller trading volume still 200% of GDP.

cross-currents.net

scroll down to this graph. (it's for April)

cross-currents.net

Here a good chart too.

cross-currents.net

Unless folks are willing to buy 1.2 billion shares a day for rising prices on the NYSE, the reasoning to me is that the USD will remain depressed. Too many losing trades and investments. Inflation is the only straightforward solution I see.

Just some thoughts on the NYSE.
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