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


To: gfs_1999 who wrote (74842)4/13/2001 8:28:59 AM
From: Haim R. Branisteanu  Respond to of 99985
 
Japan Says Economy Weakening; 3rd
Straight Downgrade (Update3)
By Ryo Hino

Tokyo, April 13 (Bloomberg) -- Japan cut its economic assessment
for a third month, giving its worst verdict of the country's outlook in
more than five years as a fall in exports prompts companies to cut
production.

Japan's ``economy is weakening,'' the Cabinet Office said in its
monthly report -- the first since September 1995 to use the word
`weakening' to describe the economy. ``Exports have faltered,
reflecting the slowdown of the U.S. economy,'' it said.

The run of downgrades, teamed with reports showing exports have
fallen, production is being wound back and business confidence has
tumbled, have raised concern a two-year recovery may already be
over. Economy minister and prime ministerial candidate Taro Aso
said the government may have to come up with another round of
spending to help the economy.

``We've got a slowdown in demand from the U.S. and Asia -- the two
big export markets,'' said Chris Walker, an economist at Credit
Suisse First Boston. ``As a result of that we've seen a drop-off in
investment, so this was inevitable.''

quote.bloomberg.com



To: gfs_1999 who wrote (74842)4/13/2001 11:27:21 AM
From: Les H  Read Replies (2) | Respond to of 99985
 
The other problem with posting the text instead of the hyperlink is that most, if not all, of the sites are getting some revenue from ad views or hits on their sites. If you don't provide the link, you're depriving them of those fees.



To: gfs_1999 who wrote (74842)4/14/2001 10:13:49 PM
From: Dave Kiernan  Read Replies (1) | Respond to of 99985
 
gfs, here's the other side. If Jerry Favors is for real..and you post his musings on the market..and turns out to be right..100%...well can you imagine the rush to sign up to his service with new restrictions in place? He is charging people for opinions which may be totally right or totally wrong..or somewhere in between. In the market extreme we are now in..no one believes anyone. I believe posting his reports will either make him or break him.

PS: and LG, as you read this, you should come back and moderate the thread. As you said yourself..read by many and screw the self-declared non whatevers. Just my thoughts. Happy Easter and Holidays to you and yours..the market is a game...our loved ones are Life, The very Life of Life..treasure them..all of you...peace.