SI
SI
discoversearch

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.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (44179)12/22/2008 12:18:50 AM
From: energyplay  Respond to of 220207
 
Some people (I forgot where I read it, maybe FT) see currency movements as hitting trade almost as hard as the Smoot-Harley tariff and other countries' tariffs did.

The rapid movement of currencies makes it more expensive to hedge the currency movement, acting like a tax on trade.



To: Hawkmoon who wrote (44179)12/23/2008 1:42:52 PM
From: elmatador  Respond to of 220207
 
This is structural. Not cyclical. Thus "unemployment bottom out and consumer confidence reasserting itself" is way into the future.