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Dollar Talk

Don't know if it's a trend yet, but in the last couple of days, I've eavesdropped on two or three conversations of people talking about whether the dollar has bottomed. It all was based on action in dollar/oil over a couple days last week, as far as I can tell. Do normal people really just talk about this stuff casually?

August 10, 2008 in Currency |

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Many times we people pass such vague ideas normally... but it is true its oil prices making mess around....

Posted by: Stock Market Report | August 10, 2008 at 03:24 AM

Felix

Um, this was in Manhattan? There might well be "normal people" in Manhattan, I don't know, but I think it's a stretch to assume that any conversation overheard there is held by them.

Posted by: Felix | August 10, 2008 at 05:58 AM

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Oh, no. Not in Manhattan. Should've clarified. I'm out in California for the weekend, and judging by the rest of the conversations, I'm almost certain they weren't business/finance professionals.

As for whether they were truly "normal" though? Yeah, who the frack knows.

Posted by: Joseph Weisenthal | August 10, 2008 at 12:41 PM

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