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

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To: Kirk © who wrote (7081)8/23/1998 12:42:00 PM
From: Boca_PETE  Read Replies (1) of 42834
 
Kirk: re: < best move would have been to cash then or sell all international funds >

Maybe if you're a trader. But just watch those international funds take off when Greenspan lowers interest rates later this year as US growth slows. At that point, you'll not only have international stock market gains, but you'll be getting currency gains from a weakening dollar. A weakening dollar will also take pressure off the international markets. Then there are the efficiencies that will grow out of the European Union and single currency coming on from 1999-2001.

It's not in anyone's interest to permit the trouble of Asia, Japan, Russia and China drag the rest of the world into a depression - except those book and newsletter publishers predicting the end of the world.

Nobody WANTS TO be unemployed - we all have families, needs and wants to support.

P
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