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Strategies & Market Trends : Waiting for the big Kahuna
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To: Jon Matz who wrote (50458)3/21/2001 3:22:19 PM
From: Mark Adams   of 94695
 
I take the contrarian view on Japan.

I read that they are trying to remove friction in the way their financial markets work, much as both the US and UK have done. This will allow lower transaction costs, and higher returns on the trillions of savings held by their citizens. This boost in financial efficiency and roi should boost their economy, long run.

While a few banks and insurers may be taken down in the process, long term, Japan is a strong buy. BWDIK?
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