dollar bear roars

[pms]

"This is low-quality economic growth of the kind that does not boost
corporate profits," said Paul Meggyesi, senior economist at Deutsche Bank.
"It is looking increasingly like the day of reckoning for the dollar is
close at hand."

If my market plunge in preparation for a market recovery into the fall
election theory plays out,  there could be a capital inflow into equities
this summer.  Temporary relief and a buying op for gold.  Maybe  Saudi
prince and even the Chinese leader-in-waiting could be getting stock tips
from the Bush boys.  Up close and personal.  Anybody seen any coverage of
this Chinese visit in US papers?  It's prominent in Chinese news.