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To: Brad Hill who wrote (26757)10/23/1997 4:05:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
>>what do you think of the notion that Asian cash will now come streaming into the US markets<<

Brad--the cash that will come in will probably be directed to the bonds and bills--that is happening already which is why the bonds are up sharply--the so- called flight to quality.

I am not as sure that we'll see a full blown flow fo Asian funds into the US equity markets. What is more likely is that US mutual fund investors will be far less inclined to put money into Asian funds and that could result in the funds flowing instead to US equities. I don't think that is a significant enough of flow of funds to make a difference.