Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (26446)	9/3/1998 11:31:00 PM
From: Oeconomicus	of 94695

Bob, some of these "third rate economies" are significant trading partners. Russia may not be, but Asia and Latin America certainly are. I'm not convinced Latin America is going to collapse like Asia, but they are not strong as they (Brasil at least) appear to have chosen recession over a return to hyperinflation. We won't be selling them as many computers and such in any case. Anyway, careful hanging your hat on low inflation and low interest rates (or even, as is still a possibility though a shrinking one, avoiding a recession) to keep the market up. As I noted here months ago, look at 1962. Regards, Bob

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