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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	4/2/2001 8:11:07 AM
From: Devin123	of 37746

From the front page of WSJ (becareful!!! these are the kind of problems that will cause the feds to drop rates without notice)-- Tankan Shows Broad Deterioration In Japanese Business Sentiment Dow Jones Newswires TOKYO -- Business sentiment deteriorated sharply, worsening for the first time in nine quarters, a key survey showed Monday, raising concerns that a rapid slowdown in corporate activity could sap vigor from Japan's already frail economy. The Bank of Japan's quarterly tankan survey of corporate sentiment showed that the business condition diffusion index for large manufacturers worsened to minus five from plus 10 in the December survey, highlighting the damaging effects of slowing exports and slumping stock prices on corporate Japan. interactive.wsj.com

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