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.

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

To: SGJ who wrote (59196)	3/25/2005 1:14:47 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 81568

Is no one overseas buying cheap American goods? This entire argument of a cheap dollar being better for business in the USA is folly I think. Bob Rubin has it right, with the strong dollar policy. We buy more than we sell, period. With a strong dollar we get more for our money. With all this globalization, I see US companies as providing a sortof "management layer" on top of all the nuts and bolts built overseas. That is the typical US company anyway, at this point. The internal workings, cost of doing business etc. for most US companies is affected with this dollar crash. The argument that consumers in asia will buy more US products only means they are buying BACK something they produced in the first place.

To: SGJ who wrote (59196)	3/25/2005 6:04:17 PM
From: Sully-	Read Replies (1) \| Respond to of 81568

Ahem....... ...."mixed news that analysts said did little to alter a view of a solidly expanding U.S. economy...." ...."You have had some softening from strength earlier in the first quarter but not yet enough to alter the strength of economic data on the whole," Wrightson ICAP chief economist Lou Crandall said.... ....The report also suggested businesses scaled back spending plans last month as orders for non-defense capital goods, excluding aircraft, fell 2.1 percent. But the decline followed an upwardly revised 4.4 percent January advance and economists said the trend was still toward higher capital spending..... HOME SALES SOAR.... ....workers seeking first-time unemployment benefits climbed 3,000 in the week ended March 19 to 324,000. While the rise defied expectations, claims were still well below year-ago levels, a sign the job market is on the mend. New claims have held below 350,000 for 10 straight weeks, also suggesting labor market gains..... finance.myway.com