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Strategies & Market Trends : Investing during a Bear Market -- Ignore unavailable to you. Want to Upgrade?

To: Defrocked who wrote (33)	11/10/1997 11:27:00 AM
From: Paul M. Rengier	Respond to of 226

Defrocked, I'm cureently unemploeyd, so I'm a part of it, but I have to tell you, that I'm not too concerned. What makes the figure scary in the first sight, deserves a closer look. The rate in the former GDR is much higher, the western part is less, even if it is too high. So it is more a heritage, than a bad development. We see a certain growth in the GDP, but that stems mainly from exports. So we have still ways to go. Add the economic policy in GY, which is in agony due to the election next year and you might come to the conclusion, that Germany is probably lagging. So actually I see no reasons for a strong Mark. The asian turmoils may veil the picture, but not for long. Paul