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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: kech who wrote (119385)	5/28/2002 1:58:48 PM
From: carranza2	Read Replies (1) \| Respond to of 152472

As returns on capital fall in the US, the capital account investment goes elsewhere, this stops holding up the dollar, and the dollar falls. Right, in theory. However, the tech bubble has been burst and there has been no weakening of the dollar. Other non-tech US securities are similarly flat or down. Interest rates and capital markets are all down, and have been down for some time. Trade deficits have been running high--I don't even remember the last surplus. Yet the dollar is still strong. Wassup with that?