tag:blogger.com,1999:blog-625524533455240196.post6387415014054144229..comments2023-03-25T03:57:09.952-05:00Comments on Stock Shotz: BEARS EVERYWHEREStock Shotzhttp://www.blogger.com/profile/11189076782378081627noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-625524533455240196.post-72897150168623239252009-01-15T13:47:00.000-06:002009-01-15T13:47:00.000-06:00Te dollar, I believe is benefiting from two things...Te dollar, I believe is benefiting from two things right now. The first is the decline in the Euro in anticipation of the ECB slashing rates. this has been key. They have now done this and are telegraphing further easing. In addition, the commodity currencies are down due to the global economy. The Australian dollar looked poised to head much higher but has now come back. The Yen has stayed fairly stable - possibly due to discrete intervention by BoJ. Longer term though, I am in the dollar debacle camp. We cannot debase the currency to the level we are and expect the world to keep funding us. I discuss this more fully on some of my recent posts.Anonymousnoreply@blogger.com