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To: Box-By-The-Riviera™ who wrote (190198)9/2/2002 11:34:50 AM
From: Oblomov  Read Replies (2) | Respond to of 436258
 
We'll see... I can see this scenario happening against a backdrop of dollar stability or a slowly declining dollar. Again, note that the commodity rally has coincided with a rally of the USD against the minor currencies (mostly commodity producers and sources of labor for US corporations):

research.stlouisfed.org

On housing: I'm not convinced that it is overpriced in most of the Midwest US. That does not mean that prices can't fall here.