Author Topic: Euro Becomes the Port in a Storm  (Read 5024 times)

Mackin USA

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Euro Becomes the Port in a Storm
« on: June 17, 2013, 02:05:04 PM »
"It's hard to bet against the euro," said Sam Katzman, chief investment officer for New York-based Constellation Wealth Advisors, which invests about $5 billion in various funds on behalf of clients. "Until we stop printing money in the U.S., or they start, the wind is at the back of the euro."

http://finance.yahoo.com/news/euro-becomes-port-storm-211300388.html
Mr. Mackin

dogboy

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Re: Euro Becomes the Port in a Storm
« Reply #1 on: June 17, 2013, 02:37:31 PM »
>"Until we stop printing money in the U.S., or they start, the wind is at the back of the euro."

I thought the ECB already was?  I guess not.  I thought everyone was now printing money.  Suicide run, either way, I guess.  European goods are going to get too expensive for Americans to buy, and their currency will benefit at the cost of their economies.