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Msg  11856 of 11886  at  1/11/2017 4:48:18 PM  by

Mighty_MO


 In response to msg 11855 by  Korynd
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Re: Another Wells report

The strong $US may not be all bad. The large IQOS factory in Italy is being built with U.S. $'s and the $ helps the bottom line inso far as foreign corporate expenses (salaries, rent, travel ) are concerned.

The dollar is not always strong. I remember 10 years ago or so, a couple of finance guys I knew who worked in London, would bring their soiled suits with them to be dry-cleaned when they journeyed to New York. Because of the weak $US vs the Pound sterling they said it was worth the effort.

(just trying to be a little optimistic here:))


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Msg # Subject Author Recs Date Posted
11857 Re: PM/MO Long and strong Rice1 1 1/12/2017 7:22:27 AM


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