Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (46254)	6/10/1999 8:12:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Japan recovery a "technical rebound"? Maybe, but what leads me to believe it just might be for real is that the rest of Asia is starting to recover quite rapidly now, and that consumer spending picked up in Japan over 1% for the period in question. Maybe the whole thing is 90 day wonder induced by govt. spending, but isn't that the whole idea behind Keynsian economics? Is not this the typical pattern in economic cycles? Govt. spending + fiscal stimulus = economic recovery. Remember Japanese short term rates got to near zero recently. It's been so long since the US had a normal business cycle that I think some may have forgotten what one looks like. Certainly the recoveries going on in Australia, Korea, New Zealand, India, Taiwan, Singapore, and Malaysia are not illusions, as that report on Japan suggests the Japanese recovery is. BTW Mainland China states they expect their economy to expand by 6-8%, but I take economic reports from communist governments with a huge grain of salt.

To: Broken_Clock who wrote (46254)	6/10/1999 8:26:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Papaya, you know the great thing about AFR is that they didn't believe the statistics about the Australian economy earlier on either, until, of course, the stats just kept getting better as time went on and could no longer be denied. People tend not to believe it when long held and cherished ideas prove to be false. Perhaps mine is that OSX will hit 90. <g> Perhaps yours is that Asia will take years to recover in any meaningful way. Just guessing though.