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A strong $ is good for the American economy ( eco - nomy = home - how to govern it). It will give Americans the ability to buy more foreign goods and it will force them to innovate and produce goods where they have a comparative advantage (aircraft for example).

I am trading out of Fort Lauderdale beach. A pleasant area to live and trade.

Manolis... Greek right? You didn't by any chance live in Gaithersburg Md did you? I knew someone names Manolis once Columbo, Yes Greek... I lived in NYC where I got my MS from NYU and then Cleveland where I worked for KEY and GE and got my MBA there too.

An MS in economics will be more usefull in trading, particularly the FX markets. I hold both an MS in Economics and an MBA in Finance.

Despite the solid pyrolls report the EUR/USD is being manipulated up. Any idea who is behind it?

I expect it to be up 150K.

Look at yesterday's durable goods report. The recent bookings by BA were not reflected in the October report. Watch out next month when durables are reported for November. And don't forget my previous employer GE for its aircraft engines. Since the Chinese are perfectly happy to recycle some of...

"Comparative advantage, I don't think we have that edge anymore. We are too dependent on foreign goods and services, the only one way for the US economy is the downward path." There is a duopoly in the commercial aircraft business with BA beating the competitition badly. There is no...

Hi Stonedinvestoor. It is amazing how US policymakers try to solve their economic porblems by depreciating the US currency. If they contnue this path, it will be no surprise to see a 1987 style stock market meltdown despite the fundamental soundness of the US economy. If the US policymakers...

The dollar's fall is not much related to US economic performance. Despite the weakness in housing, the overall US economyis doing well. The $ wekness is rather due to expectations that the ECB is going to raise its interest rate based on their talk. But the ECB never takes significant action...

Get an MA in Economics.

Tomorrow's CPI is going to be well behaved with core just up .2% and 1.7 decline in the overall number. That would negate today's PPI eith regards to the next Fed's move. But really do not expect any Fed move before the second half of 2007. With housing collapsing the Fed will not raise the Fed...

Congratulations Hydro. Policy making institutions should also use derrivatives as a counter-balancing weapon when a market or the financial system is threatened by the excessive power that such instruments give to the market manipulators.