The Core

Why We Are Here => Economics & Investing => Topic started by: Mackin USA on June 17, 2013, 02:05:04 PM

Title: Euro Becomes the Port in a Storm
Post by: Mackin USA 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
Title: Re: Euro Becomes the Port in a Storm
Post by: dogboy 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.