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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (3608)5/15/1998 10:26:00 AM
From: Worswick  Read Replies (3) of 9980
 
Mohan "the smart money" in investment banking says,"India has made one of the shrewdest political moves ever. In one move it has scared pakistan and china, launched itself into the global arena as a credible political force. Tthe sanctions are a drop in the bucket and none of our allies are following suit. Vajpayee may be the first leader since liberalization to have a full term. The rupee will bounce back over the medium term. Indonesia is a disaster.

And "Suharto should never have come back from egypt. He'd better run or he'll be dragged out onto the street and lynched. I give him a week tops".

A correspondent... at one of the big merchant banks who remains anonymous.

My best,

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