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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Robert Douglas who wrote (3417)4/2/2004 11:34:50 AM
From: zonder  Read Replies (7) of 116555
 
He's right. Trust only "buy side" analysts, which I assume means SI posters such as the one who wrote this in January 2003:

EUR was around 0.98/0.99 in November as of now it is 1.067 to the USD. EZ will choke under their own stifling labor laws, deficits are there higher than in the US and the balance of trade is shrinking. All this said the EUR is prone to a correction after a 7%+ run.

IMHO the fast slide of the USD is intentional, done by hostile entities to damage the US credibility and economy


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