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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (198)	6/9/1998 11:13:00 PM
From: Oeconomicus	Read Replies (1) of 3536

Henry, awful quite here with Greenspeak tomorrow, the Dollar over 140 Yen and Hong Kong down sharply again. Any comments on potential for devaluation in HK/China or what impact the continuing rise of the dollar might have on the US economy and corporate profits? For a few days there, US investors actually seemed to care about the profit outlook. I was also wondering at what level on the dollar are Asian investors likely to start taking profits on doubly inflated dollar investments. Any thoughts? Regards, Bob

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