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To: chomolungma who wrote (173313)3/6/2003 12:12:25 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
chomolungma, RE: What an uninformed comment.

Saying that a weak currency is bad for our financial markets is uniformed? Wow.

Tell you what. Take a look at currencies worldwide. Correlate those currencies with financial market performance.

You'll find that you'll need to look in the mirror when you talk about someone who is uniformed.

Yes, profit margins can indeed rise with a weaker currency. but that is a very small part of the overall equation. You note that the S&P 500 gets 25% of its profits overseas. That means that 75% come from home. You should devote a lot more of your analysis on what happens to that 75%.