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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (18270)4/17/2002 10:15:09 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 74559
 
rising assets and promising profitability is always charming

with the Euro relatively low vs USdollar, bigger upside
the recent Merger & Acquisition activity has favored Europe

we Westerners tend to believe the USdollar will rise forever
its trends are clearly laid out in history books
last low was 1993 versus both DMark and JYen
this cycle is a done deal
next comes the trend down slightly for the Lofty Buck

the trade deficit will push down the buck
petro-$ heading to Europe will prevent a rise in the buck

but a big unspoken curse is the Bush Trade Tariffs
this is poison to the buck
/ jim