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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (4787)3/2/2004 2:37:59 PM
From: Steve DietrichRead Replies (1) | Respond to of 81568
 
<<Dollar Has Biggest Gain in a Year Against Euro on Jobs Outlook>>

I thought the weak dollar was bad for the market: foreign investors would leave the US market due to weak dollar and American investors would look for better value overseas.

But ironically (to me at least) it seems to be the other way around, the marked drops on dollar strength: investors fear inflation and rising interest rates.

Steve Dietrich