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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: wooden ships who wrote (6314)8/4/1998 8:33:00 AM
From: Wally Mastroly  Read Replies (1) of 42834
 
Thanks Truman. Agree that Brinker is indeed a teacher. Sharing both his wisdom and common sense to all who heed his advice. A sane voice in somewhat insane times in the stock market.

Hope the tax actions (if implemented) in the following link on Japan are the start of some saner economic times in Asia. (I assume that the tax cuts are more than just temporary).

"Japan plans to implement a combination of a cut in the top income tax rate and across-the-board fixed-rate income tax cuts..."


biz.yahoo.com

Japan as well as other countries have yet to bite the bullet on the tougher banking/economic measures which may be necessary to start an Asian economic recovery. Cutting taxes may be easy compared to the bitter economic medicine required to cure this economic Asian flu.

Take care.
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