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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: mishedlo who wrote (42304)1/17/2003 10:43:55 AM
From: Haim R. Branisteanu  Read Replies (1) of 52237
 
may be another 25 bp. The big problem there is Germany wages increased at an average of 4% or close to it last year, and they are running a budget deficit in excess of 3% of GDP. France is close to 3% and Italy are using smoke and mirrors to avoid the 3% ceiling.

US is one of Europe big markets and even that Russia, CIS & CEE countries are improving they can not be the swing importers.

IMHO the fast slide of the USD is intentional, done by hostile entities to damage the US credibility and economy. A soft slide of 1 to 2% a month would be beneficial but 6% to 7% a month is damaging.

BWDIK
Haim
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