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To: Gabe Heti who wrote (96738)12/14/2003 9:21:10 AM
From: Bearcatbob  Read Replies (1) | Respond to of 116825
 
The Euro has topped - just watch. Money is like the stock of a country. Would you rather own stock in Europe or the US. All the problems we have here are like a fast growing NASDAQ stock vs a stodgy old industrial. The US deserves a higher PE ratio. I suspect my portfolio will take a big hit tomorrow.

Bob



To: Gabe Heti who wrote (96738)12/14/2003 10:46:44 AM
From: Mike M2  Read Replies (1) | Respond to of 116825
 
Gabe, IMO short term it may help the US$ but will have minimal lasting impact on POG- the trade, budget and current account deficits remain. Mike


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