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Strategies & Market Trends : Asia Forum

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To: Zeev Hed who wrote (4499)6/14/1998 5:13:00 AM
From: Gersh Avery  Read Replies (1) of 9980
 
Hi Zeev .. don't think that I've posted to you before.

I've been reading your posts for at least six months now. You're very good.

IM Very HO

The investors in Japan that still have money are the survivors. In other words they have lived through the popping of a bubble and still have cash in hand.

These same people would look at the current stock market in the US with a large degree of distrust.

The US bond market is another story..nice fixed interest etc...

The problem takes place when the two governments work together to strengthen the yen. In recent times that resulted in the sale of bonds by the Japanese government. If this takes place again the outcome will probably be to convince the small Japanese investor to put their savings into Europe.

End result is that the two economies get locked together, with Europe as the winner.

In the meanwhile I think that the US stock market will not attract much of this large inflow ..

Again .. IMVHO

Gersh
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