Canadian vs. US Banks--Better PE and rising C$ Message Board

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Non-Tech : Canadian vs. US Banks--Better PE and rising C$

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To: Zardoz who wrote (171)	1/26/1998 12:51:00 PM
From: Doug	Read Replies (1) of 230

The US dollar has now replaced Gold as the Currency of choice the world over. It has done that because the N.American economy has 1-2% inflation at best and the Govt have a deficit reduction program in place.The unemployment level and interest rates are also at their historical lows. The policies of the Adminstration, now in its second term,are well in place and are unlikely to change whether the Chief is replaced or lame ducked. Based on history , the probability of a 40% fall in the Stock market is low yet within the realm of possibilities.

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