Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: MikeM54321 who wrote (4126)	6/2/1998 10:57:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 9980

Mike, are we seeing a domino effect affecting the "Eastern Western" economies of New Zealand and Australia? New Zealand ,arkets have been hitting new lows daily recently. If that is the case, and if Russia does not come out of its own tail spin, the plague may spread to our shores. Start watching first the Hungarian, Polish and Chechian (sp) markets, they are weakening. These will finally affect Germany and the whole ECU structure. Someone better come to Russia's rescue or the whole world will pay in a good 5% decline in the GGB over the next three years. I say it would be much cheaper for us (and Europe) to loan (even if we never get it back) $20 Billion over three years to Russia than let the state of affair deteriorate there. If we let it deteriorate it will cost us upward of $300 billions in the long run. Zeev

To: MikeM54321 who wrote (4126)	6/3/1998 9:23:00 AM
From: Worswick	Respond to of 9980

Mike absolutely. Ref. yours "Japanese money, which accounts for one-sixth of the international flow of funds, is pouring into the United States in search of higher returns. About 600 billion dollars a year is going to the United States, supporting the economy of the world's largest debtor nation". Now we have Trellers/Saloman the owner of 25% of Nikko Securities. How soon will these peole take to start dipping into the $6-$10 pool of Japanese savings???? Ten minutes? Anyone who thinks this market here is going down should have his head examined. GE @ $175? GM @ $185. Then, that will be a bubble! At that point, when we have munched the savings of the whole world, let me give you some hearfelt advice....DO NOT EVER... WALK UNDER TALL BUILDINGS...PEOPLE WILL BE COMING OUT OF THEM LIKE OUT OF CONTROL PROJECTILES!!

To: MikeM54321 who wrote (4126)	6/3/1998 10:06:00 AM
From: Sam	Read Replies (3) \| Respond to of 9980

Mike and Worswick, "About 600 billion dollars a year is going to the United States, supporting the economy of the world's largest debtor nation." I find it hard to believe that $600 billion a year has flowed into the US markets from Japan. For how long? I'm not sure where to start doing the math, but surely that is impossible. What is the capitalization of our entire market? Not even $10 trillion yet, last time I saw the numbers. What is the capitalization of the bond market? Bigger than equities, but I'm not sure by how much, and don't know where to find out. Any comments on this remarkable claim?

To: MikeM54321 who wrote (4126)	6/4/1998 5:05:00 AM
From: Thomas Haegin	Read Replies (1) \| Respond to of 9980

Boy, these guys have short memories <g>: Remember the days when the Nikkei was 40000 (was the high even 48000?, don't remember anymore) and at every auction the Japanese buyers were buying the most expenisve paintings like van Gogh's "Sunflowers".Wonder if it still hangs in the Nippon Life's CEO lounge <g>. << ... New York stock prices, which have hit unprecedented "bubble" levels. >> I really love that "unprecedented". Ha-Ha-Ha!!!!!!!!!! Thomas