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

To: yard_man who wrote (3830)	5/24/1998 7:50:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

>>How can increasingly cheap imports not hurt earnings of US companies, unless the products being exported to the US are all different than what is being produced in the US?<< That's the point. It does hurt. It forces the US companies that compete with the imports and not raise prices. This keeps inflation low, hence the Fed doesn't have a need to raise rates. Kind of a morbid way to put a positive spin on it. Again, I don't have a personal opinion, just listening to others. >>How important is reduced demand for energy in the Asian countries and how long will that continue?<< As far as your energy question, read my post #3828. It's pretty dramatic what the Deutsche Bank economist stated concerning energy usage by Asia. I haven't found any other source to cross check his figures. I was surprised by the amount he stated. Hope this helps, MikeM(From Florida)