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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: goldsnow who wrote (570)	12/14/1997 6:34:00 PM
From: chirodoc	Read Replies (2) \| Respond to of 3902

<<<<The LDP is also expected to propose a 500 billion to 600 billion yen cut in corporate and other taxes -- about half of what some private economists said they have anticipated. The tax cuts are likely to include at least a 2.5 percent cut in the basic corporate tax rate along with reducing taxes on securities trading. .......however, they are doing the right thing--just 5 years late. they will continue to deregulate the financial system, cut taxes (a small amount), and insure depositors. .......they are still sitting on mountains of cash and are a creditor and not a debtor nation. this, imho, over the next few weeks will stabilize worries that japan might collapse. this plus the fact that all korean candidates have pledged to support the imf is bullish for world markets. ......my opinion?--in 6 months we will see a resumption of the world bull market with u.s., europe, japan, and china showing strong growth. by then the latins will be stabilized and there will be hope for ASEAN nations. ......the bottom for gold is uncertain. but i might be interested if i see the above growth scenario and gold dip BELOW $250--we could demand and the pick up of inflation converge.