Dollar Cheap as US Declines

Yes, the dollar has hit a 26 year low against the British Pound [Read], and the stock market roars. One of the reasons for the continued rally is that the US dollar has become so weakened that purchasing US equities has become a blue-light special.

Keep our heads in the sand and we can continue to believe all is well, as our economy gets weaker, and weaker, and...

posted at 12:35:58 on 07/02/07 by clearpolitics - Category: Economics - [Permalink]

Previous | Next


No comments yet

Add Comments

This item is closed, it's not possible to add new comments to it or to vote on it