Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,510.31
(
-0.13%
)
US TECH 100
29,131.20
(
-0.16%
)
Dow Jones
50,644.28
(
0.00%
)
Brent Oil
94.03
(
1.72%
)
Bitcoin
72,721.84
(
-2.89%
)
News Focus
News Focus
Post# of 704049
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Ace Hanlon

Send PM Follow Ignore
Followers 104
Posts 7817
Boards Moderated 0
Alias Born 07/07/2002

Ace Hanlon

Member Level

Re: was Steve post# 745

Monday, 07/08/2002 7:30:55 PM

Monday, July 08, 2002 7:30:55 PM

Post# of 704049
The high was about 1.2 near the peak of the bubble. the low posted near the bottom of the 1998 meltdown was about .9. Now about 1.06.

But the big problem with the dollar is that the US is so heavily dependent on foreign capital. People who argue that the US stock market soared as the buck plunged in the mid 1980s fail to memtion that the US was much less dependent on foreign capital at that time. And stocks were a lot cheaper then.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now