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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (7645)	4/22/1998 11:57:00 PM
From: Joey Two-Cents	Respond to of 18691

My understanding is Japan who was in critical condition last year were big lenders to the rest of Asia and will have to take big hits. Every time the pundits say Japan/Asia doesn't matter I say if the #2 market and our #2 creditor collapses how can't we not be affected? As a flood of imports hit our shores the talk of protectionism will increase. This may come on top of a rate increase by the Fed who IMO is now more concern with stock price inflation than CP inflation. This would be a repeat of 1929 when the US economy was as robust as it is today. I posted this article yesterday but I think it deserves re-posting fame.org