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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (63659)1/13/2003 10:34:35 PM
From: Moominoid  Read Replies (1) of 209892
 
The key issue is whether the foreign investment inflow is short term or long-term. In the macroeconomics textbooks it is assumed to be short-term. So higher interest rates are attractive. When it is long-term, falling interest rates are attractive. You are correct about the Soros aspect IMHO.
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