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Strategies & Market Trends : Asia Forum

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To: Bosco who wrote (6252)	9/8/1998 10:16:00 AM
From: Lee	Read Replies (1) of 9980

Bosco, Thread, I just read through the past 100+ posts in haste. I remember one of them said that the US consumer was in denial about the "coming implosion." Probably a good thing, that way we will keep spending. If all US consumers were as down as this thread we would have that global depression I keep reading about here. Instead let us see... a) We added 300,000+ jobs b) Income grew at its fastest pace in a few years c) Inflation is low d) Interest rates are going lower e) The high techs keep finding ways to improve business The strategist at the multinationals I talk too all are figuring out ways to use the Asian situation to their advantage. They all admit it hurts but in the end they will profit. The stock market may be weak at the moment, but the US economy has a bit more life to it. Damn the market, we will have a good holiday season. I can not seem to get the ski vacation I want, it's all booked. They say it looks like a very strong year. Regards, Lee

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