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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (60802)	11/8/2002 9:10:40 AM
From: sandeep	Read Replies (1) \| Respond to of 94695

US is the biggest consumer nation. So, if the dollar weakens, the consumer pays more for most goods which are manufactured elsewhere. Effective buying power decreases and the nations where goods are produced suffer. Weak dollar is not good for the economy in the long run - it may be ok for US equity prices in the short run because of the what have you done for me lately aspect. ECB not lowering rates is abominable. Germany has 17% unemployment in parts.