We & apos; ve just got to grin and bear it

If only that pesky dollar would confirm the pessimism expressed in the US stock market and about the US economy, why, the bears would feel a lot better about their state of being. "The recent performance of the dollar against the euro is, to put it mildly, puzzling," opines the Financial Times, never a big fan of US economic success. "The US economy is flirting with recession and US interest rates are down 1.5%. So why has the dollar been so strong?"' One obvious answer is that the alternatives are so lousy. Europe, whose relatively closed economy was supposed to allow it to survive ...