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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (90794)9/28/2007 9:40:22 AM
From: PerspectiveRespond to of 306849
 
Well, their waterfall decline, should it ever come, will likely trigger a lot of selling of emerging market currencies - and potentially dollar strength.

Dollar strength, should it ever occur, would have a number of self-reinforcing characteristics, including the huge speculative short position unwinding, and flight from the emerging markets.

BC


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