Sheldon

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    • Fri Jul 4th 00:39 AM | Rating: 0 0
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      The U.S. Dollar: A Six Month Outlook
      This is a cogent analysis on the U.S. dollar. Many of the economic problems now evolving stem from the decline in the dollar. The rise in commodity prices, especially oil, are in large part due to adjustments the global market is making to a weak dollar. I think the 2008 election will directly influence the future value of the dollar. Because Obama symbolizes a break in Bush policies to much of the world, including ending the war in Iraq, his election may create more global investor confidence in the U.S., benefiting the value of the dollar.
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