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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: American Spirit who wrote (73119)3/5/2007 9:46:22 PM
From: John VosillaRead Replies (1) of 306849
 
'It's amazing that the dollar has fallen 50% against the Euro since Bush took over. That tells us a lot.'

Yes the dollar is back to where it was in 1992. Guess who was president then<g>

But remember one thing a weak dollar makes US assets dirt cheap to foreigners.. This could support many stocks as long as long term rates remain so low.. Many multinational stocks stocks not tied to the housing/credit bubbles are dirt cheap and will continue to grow earnings short of Armageddon..
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