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Strategies & Market Trends : The Millennium Crash

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To: pater tenebrarum who wrote (5289)	6/8/2000 9:19:00 PM
From: Don Lloyd	Read Replies (1) of 5676

hb - [...it seems Japan can't get it right...still, 2.4 % quarter-on-quarter is not bad at all if you think about it. never mind expectations...this is 10% annualized. may be reason enough for the BoJ to set a signal. imo an end to the zero rate policy would be an immense confidence booster...] I wonder if 'quarter-on-quarter' is being interpreted properly. In the US, each quarter is treated with great importance, and the word 'sequential' is always used for this purpose. It might be that the normal Japanese attention is on full year over full year, and 'quarter-on-quarter' might be used to distinguish a single quarter over the same quarter of the previous year. I would have thought that I would have noticed if Japan was being expected to grow at a greater than 10% annual rate. Regards, Don

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