WSJ.com - Euro Falls Against Dollar, Hitting 13-Month Low
DOLLAR STRONG--US ECONOMY STRONG--GREENSPAN ON TARGET
The European Central Bank may cut interest rates this week. The weakness in the European economies and the recent strength in the US dollar bodes well for the possibility of a rate cut. The US economy is doing fine. The "soft patch" produced a GNP of 3.8%! Some complain that the strength was in housing--so what? 
Lower rates around the globe will boost the world economy. The last time the earnings yield on the S&P 500 stayed above the yield on bonds for an extended period was the summer of 1982. The market from August 12, 1982 to June of 1983 was down-right explosive.
Conditions are ripe!
BUY THE BULL!
Monday, July 04, 2005
WSJ.com - Euro Falls Against Dollar, Hitting 13-Month Low
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