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To: Tunica Albuginea who wrote (42014)	10/4/1999 1:51:00 PM
From: Bobby Yellin	Respond to of 116815

certainly if more money starts flowing into Japan that should affect our bond and stock markets temporarily our economy is currently service based..if foreign goods start going up won't the consumer just cut back a bit..but not in service related area? hope you ask somebody else to comment on your great post.. If high tech firms can use software specialists in India if need be won't firms here just export more jobs.. I am probably wrong but I think one of the explanations for why the labor market has been tight for so long and wages haven't exploded except in a few fields..financial and technological is because too many people were downsized in the last recession and can't forget the anxiety that that generated..also so many people have lost so many benefits that that has added fear and trembling to demand higher wages.. of course, this doesn't apply to the just out of college and graduate crew.. also stocks like Disney and gilette are so "cheap"..shouldn't they be big recipients of global recovery also there have been so very many mergers and so many corporations have a huge global presence..shouldn't they reap the benefits of a global expansion also so much of the backbone of internet resides in high tech companies in USA so shouldn't that continue to fuel great revenues? but psychology psychology psychology appears to be the leader bobby