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Strategies & Market Trends : The Art of Investing
PICK 48.72-0.3%Dec 9 4:00 PM EST

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To: Daniel Chisholm who wrote (113)9/22/1998 3:27:00 AM
From: Sun Tzu  Read Replies (1) of 10687
 
Daniel, I was looking at Nikkei and thinking to myself, "just how much money can the government throw at the market to save the banks" and a few minutes later this popped out biz.yahoo.com Do you have a take on how much and how long can the governement keep a floor under Nikkei? Funny thing is that I just read a research article on EU banks. It seems that they have twice as much exposure to LatAm and the rim than U.S banks. I couldn't believe it and neither can the Europeans, but if the numbers are even in the parking lot of the ball park, then Europe is set for one hell of a surprise.

Sun Tzu
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