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To: koan who wrote (44228)7/8/2007 12:07:03 PM
From: tyc:>  Read Replies (1) | Respond to of 78419
 
The only thing is, koan, that there's surely the same "inverse correlation" between the dollar and everything priced in the dollar. As the dollar declines, prices (in dollars) go up.

Isn't that what happening and is likely to continue to happen with stock prices generally, if the dollar continues its decline ? Didn't siempre say as much recently when he forecast a new S&P500 ATH, because of the decline in the dollar ? Is there not the same "inverse correlation" there, too ?

I find it hard to understand BCB's comment that Europeans will suffer most.