SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (2598)9/22/2000 9:33:23 AM
From: scottbihl  Read Replies (2) | Respond to of 3536
 
Nice call on the intervention. Euro traded as high as .90 today after trading at .8470 yesterday.

For perspective, take a look at the following table. The USA does not appear to be such a bad investment!

..........................................................Dividend.........Y-T-D
Index_____________P/E_________Yield______Change

Dow Jones__________26.0_________1.62_______-6.3
S&P_______________29.3_________1.10_______-1.3
Nasdaq____________142.9_________0.17_______-6.0
TSE300____________36.9_________1.01______+25.9

German DAX________61.5_________1.97_______-4.8
French CAC_________36.6_________1.42_______+3.6
UK FTSE___________28.3_________2.70______-11.5
Sweden OM_________30.3_________1.20_______+2.1
Swiss SMI___________21.5_________1.40_______+4.6
Milan_______________25.1_________1.80_______+3.8

Japan Nikkei_________186.0_________0.53______-16.5
HK Hang Seng________11.7_________2.45______-13.8
Australia AO__________21.3_________4.40_______+1.1

There would appear to be room for a global meltdown in equities, or you could certainly say that any significant sell-off in the US is unlikely to be contained by the borders of the USA.

Hong Kong looks like the best buy if you ignore the political risk of Chinese sovereignty.