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llamaofdoom · 19 September 2007, 10:01 AM

The Fed reduced the fed funds rate today by 50 basis points.

As a result, the dollar continues its tailspin.

My guess is that the falling dollar will require more price increases on European goods to maintain profit margins for the European companies.

My guess is that the means more Rolex price increases, with higher and potentially more frequent increases necessary as the dollar goes down. Example: Panerai with two increases in 2007 - one in April, one in September.

Thoughts?

19 September 2007, 10:01 AM	#1
llamaofdoom Member Join Date: Sep 2007 Location: Georgia Posts: 417	Price increase this fall - yes or no? The Fed reduced the fed funds rate today by 50 basis points. As a result, the dollar continues its tailspin. My guess is that the falling dollar will require more price increases on European goods to maintain profit margins for the European companies. My guess is that the means more Rolex price increases, with higher and potentially more frequent increases necessary as the dollar goes down. Example: Panerai with two increases in 2007 - one in April, one in September. Thoughts?

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