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Strategies & Market Trends : The Stock Market Bubble

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To: Kip518 who wrote (2007)	10/7/1998 8:42:00 AM
From: Andeveron	Read Replies (2) of 3339

Excellent analysis. Marc Faber, an Asian commentator, said back in the spring that the US Stock Market would be in the toilet near year's end. When asked about the reason, he said that it would surprise everyone but the rebounding yen would contribute a major part to the slump. Looks like the scenario is playing itself out. The dollar's slow demise is ominous. However, it can also be construed as a "market devaluation" which makes it easier for foreign exporters to send their goods our way without their own need to devalue; re: Brazil and China... Caveat is that our buying power is diminished. The next couple of months will be interesting, if not tumultuous.

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