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Politics : Moderate Forum

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To: Yogizuna who wrote (6348)1/28/2004 4:18:17 PM
From: TigerPaw  Read Replies (1) of 20773
 
this relatively sick "recovery".

Any apparent recovery is an artifact of the repricing of the dollar. Assets, such as company stock, are increasing in dollar price but they are not increasing in value as measured on a world stage.

Once interest rates begin to rise a collapse is possible.
finance.news.com.au
<font color=green>HE US Federal Reserve, not wanting to upset the economic recovery, held a main short-term interest rate at a 45-year low today, but the central bank hinted that rates could move higher in the future.</font>
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