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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (44457)5/1/2003 5:17:14 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 52237
 
I am following mostly the EUR and the 1998 - 2000 bubble inflated the USD by close to 20%. We are now back to 1997/8 levels and bubble the dissipated.

By comparing manufacturing and service environments between EZ and the US the US will recover much faster than EZ.

A lower USD helps US exports and will lower somewhat the trade deficit, but more important will keep or possible even generate new jobs in the US.

Having a strong currency in a weak economic environment is not smart. A strong / overvalued currency in a strong economy makes sense as it keeps inflation low.