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Pastimes : Ask Mohan about the Market
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To: John Hunt who wrote (16104)8/2/1998 8:54:00 PM
From: paul richards  Read Replies (1) of 18056
 
japan is in no worry to solve its problem. they simply view as
the eventual downturn that comes in every economic cycle.
so what's the hurry to get out? the upturn will come and Japan hopes to recover without massive re structuring.

so why all the attention? because the US markets depend on a recovery now, to keep itself afloat.

The Japanese see this and don't care.

I expect 40% retreat in US markets, over 2 years.
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