Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (26800)	6/7/1999 7:24:00 AM
From: Lee	Read Replies (2) \| Respond to of 50167

Hi Ike,.Re:.In Germany the labor market is rigid and you find the 'unemployment at 11% and GDP growth nearing recession with low inflation. There was a good article in The Economist discussing this problem. The puzzle, at least to my understanding, is how can the ECB administer a common currency without a common political base? As you have pointed out, participating countries like Ireland are booming while Germany's economy is contracting. In this case, what does the ECB do about rates? The sick man of the euro economist.com Also, as evidence builds in the USA supporting a rate hike, what will this do to an already strong dollar? Especially for Hong Kong and Argentina? Friday June 4, 5:57 pm Eastern Time Fed has solid case for June rate hike -- analysts biz.yahoo.com charts.quotewatch.com charts.quotewatch.com tfc-charts.w2d.com Thanks very much for your global perspective. As you've pointed out, the planet markets are increasingly interdependent so I'm asking the global expert. Good trading, Lee