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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (35035)6/15/2003 3:37:15 PM
From: energyplay  Read Replies (2) of 74559
 
Hi Jay - A minor note -

Ned Davis-
"is that our exports are exactly what they were back in 1997. This either means our goods are not competitive or the dollar is way overvalued. It is probably a little bit of both"

When the dollar is overvalued, it doesn't make sense for a US company to design for the export market, since you are priced too high any way - why make a 50 Hertz / 220 version if it's not going to sell ? With the dollar not down, we should see export s to Europe pick up with new products.
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