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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: RonMerks who wrote (5360)	5/22/2007 3:00:38 PM
From: ecrire	Read Replies (1) \| Respond to of 50293

At some point the general market will decline, reflecting the weaker economic conditions here. That will probably coincide with a seriously weaker dollar. The timing of this is impossible to forecast. As for the Yen, the Japanese are pleased to have a weaker Yen alomgside a stronger Chinese Yuan; that gives them a trade advantage, particularly in Asia. They are probably in no hurry to raise interest rates, and, even if they do, it will be a miniscule change and may have negligible effect on the carry trade.