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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (11813)1/28/2002 12:14:33 PM
From: Nemer  Read Replies (1) | Respond to of 23786
 
>>>> However, much of the strength of our economy is attributed to our strong dollar. On the other hand, a strong dollar does hurt international commerce. We need Pitera here to really answer the in-depth currency stuff.


Black Chips

succeed in amassing a "pile" which is MUCH larger in size
than the "pile" with which one starts the day .....
and
all these currency questions will become less important

as JP seems to have temporarily migrated here to the SunshineState for R&R
tradewindsresort.com



To: Jorj X Mckie who wrote (11813)1/28/2002 12:15:14 PM
From: Oral Roberts  Respond to of 23786
 
John would be the man, wouldn't he.

Just rationalizing I would guess the strong dollar makes imports cheaper for the consumer with the down side being harder for business to export. My other thought would be it makes it attractive for foreign investors since they are getting the equity kick plus the dollar kick. I would guess if I'm on the right track that a weakening dollar could have an adverse effect on foreign investment which may be not good for the market.

How is that for a WAG:)