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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 (580)12/16/1997 10:19:00 PM
From: Machaon  Respond to of 3902
 
Thanks for posting the article. Even though the two trillion yen seems to be less than desired, it also seems to be a solid first step. At least the Nikkei likes it (so far).

Step two would be another tax cut, or a more permanent tax cut, if, after another few months the "leaders" in Japan see that this effort was not enough.

At least this signals investors that, although the "men in charge" might be a little confused about what to do, they are flexible.


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