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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: rdww who wrote (2231)	2/2/2000 10:40:00 PM
From: borb	Read Replies (1) \| Respond to of 3902

Same as last year, we heard problems from time to time, yet, Nikkei had a very handsome gain last year.

To: rdww who wrote (2231)	2/3/2000 6:50:00 PM
From: Professor Dotcomm	Read Replies (1) \| Respond to of 3902

Meanwhile the Nikkei keeps marching along.

To: rdww who wrote (2231)	2/4/2000 8:58:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 3902

Stratfor is pretty good at analyzing the overall picture in Japan, and I would concur that their economic pump-priming isn't working. However, what I think the Japanese govt is doing is to also support and create an inseparable linkage between the govt and Japanese banks. Why sell bonds to the general public when you make use of some of the bank deposits that banks are paying interest on, yet having trouble finding borrowers. We're talking a lot of money here and this makes the Japanese govt their banking sectors largest customer/borrower. It should also put more direct pressure on the Bank of Japan to bow to the govt will and help to decrease the strength of the yen and boost export growth. Thus, the govt is now supporting the bank's liquidity directly (we all know the govt is good for its debt, right?.. :0) But there is no doubt that funding their government through short-term bank lending or through bond issuances, both equate to charging their national "credit card", for which Japanese taxpayers are left holding the bag. And don't we remember back in the '80s when the Japanese were hautily admonishing the US to clean up our house and reduce our government spending. Ain't it Ironic. Regards, Ron