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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (62960)1/25/2001 11:57:29 AM
From: GST  Read Replies (1) | Respond to of 116768
 
long-gone: Think it over, I see the case for buying fixed income securities on this basis -- but I don't see the logic applying to equities in a primarily export-oriented economy such as Japan. The US can attract equity capital with a strong dollar because the US has strong domestic demand -- too strong in many respects. Japan's situation is the reverse IMO. As for buying Japanese fixed income securities -- why do that as they do not pay anything? Nobody can borrow because nobody can fid a productive use for the resources except to export more which is not working too well even at current exchange rates.