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Strategies & Market Trends : HONG KONG
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To: Tom who wrote (2145)8/23/1998 10:07:00 AM
From: Ron Bower   of 2951
 
Tom,

2145 - Well said and I agree completely

The US has: 1) a consumer driven economy financed by debt, 2)an overpriced real estate market financed by debt, 3)vast amounts of $US are being held by foreign entities, 4)the current prospect for US business is not good.

In spite of this, the $US has steadily risen.

FWIW,
Ron
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