"Are stocks going up or is the measuring stick going down?" asks Jeffrey Saut, chief investment strategist at Raymond James. The Dollar Index has lost over 33% since its peak in January 2002, he writes, while the Dow has rallied about 30% in the same period.
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Wednesday, April 25, 2007
THE STREET PICKS UP MY GRIPE ON THE DOLLAR
CONGRATS... SOMEONE HAD TO MENTION IT...