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To: Defrocked who wrote (951)2/20/1998 5:17:00 PM
From: MythMan  Read Replies (3) | Respond to of 86076
 
>>Too much money growth going into stocks which will end up in housing, computers, boats,etc. <<

I think all extra cash is going into stocks, not those other things. Retail and durable goods spending seems to support that. No way Fed tightens. Market rates do not support it and it would be political suicide.

As for the dollar, we seem to be the world currency of choice. Would you prefer an account full of dongs? <g>