Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: sylvester80 who wrote (94930)	7/15/2002 10:03:11 PM
From: t2	Read Replies (1) of 99280

Me thinks that the current dollar decline is being carefully helped by Fed action IMO. They want this. And the fact that gold has not followed the dollar and is still below its highs, tells me that the dollar decline is being helped for the benefit of the US companies and US markets. But that's JMHO after a few glasses of a great Australian Shiraz. syl, I think you on on to something. Any major US company can easily grow revenues as long as the dollar drop does not cause an international slowdown of growth. I think they are doing it in a controlled manner. They know it is inevitable.... A weaker dollar helps stock look cheaper as long as bond yields don't skyrocket (which is unlikely).

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