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


To: Thomas Haegin who wrote (820)1/14/1998 10:56:00 AM
From: Worswick  Read Replies (2) | Respond to of 9980
 
Thomas soon your thread will have a birthday...1000 posts! By god I am reading each one.

YOur refernce to Moody's was interesting. My take on their conference was that they are at sea like everyone else.

Just got an e-mail from Stratfor on New Zealand. It seems we should all keep our eyes on the deterioritation of asset quality as the markets sink. Watch bonds. As assets crumble so will the ratings of bonds. We are headed for times of B and lower for Moody's: CCC by S&P. These bonds of Asians will be the greatest investment opportunity in our lifetime. A prediction.

At the other end is the idea of Stitch's that SE Asian goods will be incredibly cheap. How do you compete with a 50% cheaper competitior? Will China devalue by 50%?

As far as "the crisis" is concerned we seem to be getting a week off, at least as half week. We aren't even at the middle of the beginning here.






To: Thomas Haegin who wrote (820)1/14/1998 11:25:00 AM
From: Mohan Marette  Respond to of 9980
 
Thomas, yeah that's what Moody's said about SE.Asia a few months ago, so I guess this means we can all sleep well now,knowing Moody's has spoken.

<<Still FWIW, Moody's in their conference of some days ago, also said that for now China is still fine,.....>>