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.

Non-Tech : The US Dollar vs the Euro and a discussion over exchange rat -- Ignore unavailable to you. Want to Upgrade?

To: Alfred W. Post who wrote (1)	12/14/2004 9:05:56 AM
From: scaram(o)uche	Read Replies (1) \| Respond to of 57

The Dollar Is the "Wild Card" Tuesday December 14, 8:12 am ET With the dollar already having dropped 20% against the euro, Barry Hyman, equity market strategist for New York investment boutique Ehrenkrantz King Nussbaum, thinks it holds the key to what'll happen in the new year. Hyman sees a rise in interest rates and inflation threatening the stock market in the second half. His prediction: "The dollar is going to be the important issue as a wild card for 2005." In this environment, he points to three sectors for potential investment: industrial cyclicals, consumer staples, and energy. He sees the weaker dollar helping exports in both of the first two areas. But he counsels diversification not just among sectors but also among small-, mid-, and large-cap stocks. As examples of stocks his analysts like, Hyman mentions two small-cap biotech names, Discovery Laboratories (NasdaqNM:DSCO - News) and Indevus Pharmaceuticals (NasdaqNM:IDEV - News). In industrial cyclicals he suggests an exchange-traded fund to minimize risk, and among the consumer staples he names Coca-Cola (NYSE:KO - News) as a turnaround play (see BW, 12/20/04, "Gone Flat"). These were some of the points Hyman made in an investing chat presented on Dec. 9 by BusinessWeek Online on America Online, in response to questions from the audience and from Jack Dierdorff and Karyn McCormack of BW Online. Following are edited excerpts from this chat. AOL subscribers can find a full transcript at keyword: BW Talk. (abridged) biz.yahoo.com Best regards, Fred. Rick