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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6370)1/28/2004 5:33:38 PM
From: Chispas  Read Replies (2) | Respond to of 110194
 
Mish, you're missing something....

Our biggest import is oil. It MUST be paid for with
dollars that are more stable.

The Europeans must be smiling <g>...



To: mishedlo who wrote (6370)1/28/2004 7:59:42 PM
From: Crimson Ghost  Respond to of 110194
 
They may not have cared about the falling dollar so far, but the prospect of further sharp drops does scare them IMHO. Big difference between dollar index at 87 and dollar index at 67.