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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (18794)7/2/1998 9:45:00 AM
From: Raj  Read Replies (1) of 50167
 
Ike, I agree with your statements and it is indeed a fact that Japan,
Inc. was kept afloat by investments into US TBs, etc.....and recursively the markets in the US have walked with a strong upward bias. IMO Japan is on strong course to recovery....the implications here (short term) would be a negative for bonds leading to decline in stocks. Mid to long term, strong Japan is net positive to global economy.

Raj
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