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To: Krikor who wrote (9850)2/16/2001 2:00:16 PM
From: Bosco  Read Replies (1) | Respond to of 14638
 
<ot>Hi Kg - not necessarily [re: $ flowing into Asia] Asia is highly dependent on the US consumers. With consumer confidence at its nadir, the region will get the blunt of it if the US has a protracted downturn.

In the US, there is a saying, "don't fight the Fed," and since the Fed is in a easing trend, it is a good sign. However, today PPI really screws things up. I think energy is the important element.

best, Bosco


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