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Sunday, September 16, 2007

Entry for July 26, 2007

As i meant to say before, the dollar was weak vs the yen and only slightly down vs stronger currencies such as Euro and Aus dollar. Though sub prime may turn into what housing is now. A prolonged correction, it should not be a major drag though it will drag as housing is now. A credit crunch is something i doubt. Interest rates are still low for enough liquidity, and the global economies are strong and diverse and so is the domestic US economy.
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Thursday July 26, 2007 - 05:45pm (EDT) Edit | Delete | Permanent Link | 0 Comments

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