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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (26653)	12/31/2002 12:37:55 AM
From: LLCF	Respond to of 74559

< To say that this occurs "under its own weight" is a bit like saying that a woman got pregnant through no fault of her own. > Naw, it simply means there are lots of folks around the globe carrying ever heavier loads in their baskets. DAK

To: Raymond Duray who wrote (26653)	12/31/2002 1:33:40 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>I've happened to notice that the last time the dollar was exceptionally strong, it was in response to a fiscal discipline within the U.S. government that brought on the first surpluses in decades<< Hi Ray: There was correlation but no direct causal relationship the way I read it. One one side everybody took happily part in the stock bubble (leading to wealth effect and sprouting tax revenues), on the other hand the alternatives were not taken seriously (see how euro was handled the first few years).