Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (10004)	6/15/1998 5:44:00 AM
From: Dale Baker	Read Replies (4) of 18691

OK, international financial experts. World markets are tanking along with the yen. Is it time to short US banks with heavy Asian exposure? My minimal knowledge of international economics says that dollar-denominated loans will be harder for the Japanese and others to pay back unless the Japanese government dips into their $200 billion reserves to bail them out. So the "hidden" bad loans just got worse. Looking at CMB, CCI and JPM. Thoughts?

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