Replies to post #66103 on Biotech Values

[quantumdot]

re US$ - now that's what I call a "ballsy" forecast... NOT!

LOL

I don't see an imminent end to the buyouts. Your #1 and #3 are still very much in play and the $ is still pretty cheap and IMO has a good chance of weakening again when the next big IB fails.

[bladerunner1717]

micro,

There is a strong argument to be made that the FED will have to take the Fed Funds Rate below 1% in order to get us out of this housing/credit/liquidity mess. Yeah, yeah, I see the inflation numbers, but the souring economy may demand more FED action (read: interest rate stimulus).

I've read articles that say the effective umemployment rate is over 14%. Many economists are predicting negative growth in the 4th and 1st quarters. (Wow, we could then really call it a "recession.")

All of this portends a weaker dollar going forward. So it's not clear that #2 on your list is over with yet.


Bladerunner