Goldman Sachs: high dollar not in US interest

Doug Henwood dhenwood at panix.com
Mon Dec 9 15:36:33 PST 2002



>DAILY FINANCIAL MARKET COMMENT 12/10/02 Goldman Sachs Economics
>
>* Two questions about the new economic team are foremost in
>investors' minds. The first is the 'strong dollar policy.' We
>do not expect any quick and explicit changes in this area, which
>is the Treasury Secretary's responsibility. However, our own
>view is that a strong dollar is no longer in the interest of the
>United States.



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