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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (4185)5/28/1998 5:49:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 78567
 
Jeffrey,

If the Fed increased interest rates, it would further strengthen the dollar against other world currencies and likely precipitate the disaster you refer to. If anything, the Fed must hold and should lower rates to benefit US business because the US is looking at a sharp decline in exports. Every dollar out is a dollar that doesn't circulate through the economy.

The ASEAN countries are in the tank and IMO Russia is on the edge, Japan is in serious trouble. Only HK/China has any stability left and will likely lead any recovery. Taiwan could have come out a winner, but they failed support currency and are preventing companies from taking advantage of investment opportunities outside of Taiwan.

I'm afraid of Russia. Some of the companies I've looked at are using some very creative bookkeeping.

JMHO,
Ron