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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (26458)9/21/1999 8:42:00 AM
From: Berney  Read Replies (1) | Respond to of 99985
 
Gersh, Re: Splash

I obviously was not very articulate in expressing my view.

It seems to me to represent a supply/demand issue in no way related to the fundamentals in our economy. At whatever level the yen reaches stability, the Yen Yank game will come to an end.

As long as our system encourages Nike (just as an example) to make their shoes overseas and import them to sell them to us, should we be surprised that we have a current account deficit. In addition, I understand that our software export valuations are handled, let's say, very strange.

Berney