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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Square_Dealings who wrote (8216)2/17/2004 3:21:49 PM
From: Crimson Ghost  Read Replies (2) of 110194
 
This dollar drop is truly unique. Past dollar plunges (like 1985-87) were accompanied by surging interest rates. Today interest rates are dropping along with the dollar despite being incredibly low already.

So this a classic example of "having your cake and eating it too." The best of all possible worlds for investors while it lasts, but heaven help the longs when the music stops.
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