Asia Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stitch who wrote (3042)	4/11/1998 12:05:00 PM
From: Zeev Hed	Read Replies (3) of 9980

Stitch, I believe the Japanese have a "confidence" number (I believe it is not consumer confidence but Business, just hazy memory), what struck me is that the last report was a NEGATIVE number. Someone, check if this is correct. I won't even comment on the suicidal "support the Yen" action. They do not have much of domestic consumption, now they are going to price themselves out of international markets. Where do they get this wisdom from? They need (and I believe eventually will) a 140 yen/dollar rate, not 125 yen/dollar they are driving to. I think this is lip service to Rubin, who is pressuring them to go for a big stimulus policy to get domestic consumption to soak out the excesses in the rest of SEA. If they do not, the US will be doomed to have a $200 billion trade deficit this year. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next