SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Haegin who wrote (3702)5/19/1998 9:30:00 AM
From: MikeM54321  Respond to of 9980
 
I was surprised to read the following excerpt out of today's WSJ: >>..as when Merrill Lynch & Co. hired 2,000 employees of the defunct Yamaichi Securites Co...<<

I didn't think our "invasion" of Japan would warrant this many employees to be hired so quickly. Wouldn't it be interesting to hear from someone who walked into their offices to find out what they are selling? The $23 billion (US$) outflow in April caught most by surprise. I wonder what will happen as time goes on if Merrill Lynch is pushing US securites?

I also wonder what the real figures are concerning how much foreign money is coming into the US equities market? There are numerous stories talking about how the US is a "safe haven," but very few have facts. We hear only a few facts concerning the bond markets infusion of foreign money, but don't hear to many numbers concerning the securities market. Must be hard to figure out. Seems like it would be something that would be of great importance to the US government.

I also wonder what the sign says over the front door? Could they have possibly called it, "Merril Lynch & Co.?" How times have changed since the early eighties when Japan was supposed to take over the US. Now the right-wing Japanese are saying the US is going to take over Japan. This is the theme of the article that is front page, center, above the fold.
MikeM(From Florida)

PS Thomas, thanks for the post concerning Moody's. Moody's definitely is losing a lot of fans in Japan.