TTWO
Board Highlights
Message List Post Message Reply to
this Message

MSG # GO



Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

05/06/17 at 9:53 AM CDT

 

 

READ: 4

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4278,`05/05/17
By Jester Debunker

 

Re: OT - NOK

I have also been thinking that if the French elections were to go the way polls indicate, assuming polls are not as wrong as they have been here in the US (I know BIG assumption), the Euro should continue to strengthen over the next few years.

I remember that the Euro was in the $1.39 to $1.42 rage in 2009, assuming my memory is not bad.  So, if the French election goes as expected, I believe that as is the case with most commodities, the Euro should see an up cycle that should allow it to trend towards that range over the next few years.

I have been hearing that Germany (as well as most Northen European countries), France, Spain and England have economies that are on the mend.  Greece being the outlier.  I do not have a strong sense for where Italy and Ireland are. Therefore, it is my opinion that the Euro should be bulstered by a stronger economic environment. Opinions on those welcome.

A strong Euro is of course a desirable thing as it indicates Europe is working as it should.  It should also help in diminishing crime and terrorism there.

This too should help Nokia's share price over the next few years.  It may be a headwind as far as currency translations for their North American revenue.  But I would hope it is more than offset by the currency impact on the value of Nokia as a whole.  Does this make sense?  Opinions on this welcome as well.

Copyright 2014 All Rights Reserved; Patent Pending