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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Boca_PETE who wrote (2935)6/28/2002 7:57:26 AM
From: LTK007  Read Replies (2) | Respond to of 30712
 
Dr. Marc Faber, who i admit has impressed me, gave an extensive explanation why the U.S. growing deficit and propensity to print money will lead to what he feels will be a strong inflationary process over the next decade(but added there is possibility of a brief time of deflation).
His recommendation has significant weighting to emerging asian markets and to precious metals and commodities in general.( he says regards U.S. stock markets, it is his most underweighted market)
He says the commodities market is now in a classic trough and the future bull will be in that area.
He also even suggests careful studies regards land in areas that will start pricing up, but are now yet undiscovered.
And so on. Max



To: Boca_PETE who wrote (2935)6/28/2002 8:16:52 AM
From: Lone Ranger  Read Replies (1) | Respond to of 30712
 
Pete,
Pardon the intrusion as your question was addressed to max, but fwiw, I 'd like to give a little opinion. The dollar falling will lead to inflation down the road. The question is when. We should see the tale tale signs as our economic recovery sticks and rates begin to rise. Commodities and certain foreign investments make sense in this situation. imho, I believe a little inflation, hopefully it stays a little, and a falling dollar, are just what Dr. Greenspan would like as it should help our economic recovery and corporate profits. He really can't lower interest rates further as that would only be academic.