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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (9644)	11/27/1997 10:53:00 PM
From: Snowshoe	Read Replies (1) \| Respond to of 18056

>>I would like someone to tell me where this increased demand is going to come from.<< I have the same question when I read pieces like this... FOCUS-Japan economy stuck, financial fears persist biz.yahoo.com excerpt: "Financial jitters aside, fresh data unveiled on Friday suggested that the (Japanese) real economy is still teetering on the edge of recession."

To: Joan Osland Graffius who wrote (9644)	11/28/1997 10:45:00 AM
From: Cynic 2005	Respond to of 18056

Joan, regarding the economics woes in the world, for now the brave talk and lip-service of the governments and the central banks is what is all the "action" out there. That was enough for the markets to be assured in the short run. I, Like you, remain not only pessimistic about the demand for products but also these governments' and the central banks' ability to deal with the crises. After all, those are the one that are responsible for the crises in the first place. However, I do think that the next boom will be led by Asia may be in about couple of years. Until then, I doubt if have anything to cheer about. Of course, IMHO! -Mohan