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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (20133)12/14/2002 7:51:57 PM
From: LTK007  Read Replies (2) | Respond to of 30712
 
<<Were that many individual Japanese ever into stocks?>> Up front, i simply don't know. I do know they went into a heavy hoarding status, and also "got into" frugality; even had or still have frugality clubs.
The figures i saw last year placed the average Japanese assets over 100k (much i gather hidden under the proverbial bed.)
Will need research and get the degree of their participation as the bubble expanded.
Max



To: Moominoid who wrote (20133)12/14/2002 8:05:32 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 30712
 
imo it will be worse in the US than in japan for the simple reason that japanese citizenry had actual savings. "we" have none. no cushion, no way to dampen the oscillations.

it's going to be a rough decade ahead...


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