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Politics : Welcome to Slider's Dugout

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From: Fun-da-Mental#112/1/2006 11:40:16 AM
   of 50726
 
Anybody investing in Japan?

Reasons to buy:
(1) improving economy,
(2) appreciation of Yen, esp. if carry trade unwinds.

Reasons not to buy:
(1) dependence on exports
(2) loan defaults if Yen trade collapses too fast

The situation with the Yen is actually rather like gold a few years ago...

However it seems there is a storm brewing in the markets right now; I'll wait til it blows over before making a decision on Japan.

Fun-da-Mental
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