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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (361)1/3/1998 11:26:00 AM
From: Tom Markowski  Read Replies (1) | Respond to of 9980
 
Watch now how Toyota and others will be pushing like crazy to sell cars in US. I see it already in their ads...incredible discounts. They will try to export their way out of this problem...while telling the US government they will increase internal consumption. That will not happen. The Japanese people will not become big spenders like Amercans. We are headed towards a TRADE WAR. The account deficit will continue to swell. Europe...by the way.... has billions on the line in Korea also...it's as good as lost..and they know it.

China wants to increase their exports to the US as their Asian competitors lower their prices. Prices will spiral down worldwide. Look at recent charts of GOLD....OIL...COPPER.....all headed straight down! CASH IS KING. Sell everything. My next payment is due!

Otherwise...have a nice day...



To: Zeev Hed who wrote (361)1/3/1998 11:30:00 AM
From: Tom Markowski  Read Replies (1) | Respond to of 9980
 
Dollar Sets 5 1/2-Year High vs Yen on Japan Outlook

The dollar rose to a 5 1/2-year high against the yen and gained against the mark amid expectations the Japanese and German economies will continue to sputter in the new year. The dollar rose to 132.32 yen, its highest since reaching 133 yen on May 12, 1992. It was the biggest one day advance in four months, climbing from 130.54 Wednesday. Last year, the dollar rose 13 percent against the Japanese currency, its best annual performance since 1989.

Bloomberg News