Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mishedlo who wrote (7748)	2/11/2004 4:20:26 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 110194

Mish, in Euroland the economy is mostly local (as in the US, but that is not what some exporters say). Higher Euro is best for the economy, as oil prices (in Dollars) become cheaper, as well as other commodities. OTOH, what is a "high" in Euro or "low" in Dollars? Compared to what for h*ll's sake? Check this: ecb.int Euro Effective Exchange Rate based on major trading partners today 104.7 vs. base 100 in 1999. Unless read in the US exporting lobbies owned press, the Euro is within 5% of its "normal" exchange rate vs. trading partners. So, "high" Euro compared to what?