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Strategies & Market Trends : Asia Forum
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To: Dayuhan who wrote (8193)3/8/1999 12:52:00 PM
From: Robert Douglas  Read Replies (2) of 9980
 
Steven,

Four days ago you posted a Bloomberg article on the pickup in household spending in Japan. I have thought a lot about it since that time and think that this may by an early indicator of recovery in Japan. I have also seen numbers showing producers' inventory in Japan are being liquidated, as they have been the last six months. If these two things continue, they will eventually butt heads and the result will be a pickup in manufacturing. Is everyone being too negative on Japan?

-Robert
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