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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (94925)7/15/2002 10:19:52 PM
From: ajtj99  Read Replies (5) | Respond to of 99280
 
t2, the currency hit is forcing re-patriation of funds that were formerly tied into equities. That is one reason why the market drop has gone further than many had anticipated.
That is another reason why the drop in the USD is also bad for equities. It is a reflection of lack of confidence in the US market.

As for bonds versus stocks, I believe bonds may underperform stocks during August, but they should be stellar performers for the 12-months after that.


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