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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.96-1.8%Nov 14 4:00 PM EST

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To: Haim R. Branisteanu who wrote (46039)1/31/2009 10:21:17 AM
From: elmatador  Read Replies (1) of 217822
 
The result of higher USD "exports plummeted 19.7% in the last 3 months of 2008. This is is ominous sign when the USD should cheap to allow US to become a export juggernaut.

Another bad portent was a sharp decline in exports. U.S. sales to other countries had been strong in recent years, boosted by high demand overseas and the relatively low value of the dollar. But that situation reversed sharply in the last three months of 2008, with exports plummeting 19.7%.
latimes.com
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