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


To: Kip518 who wrote (9840)6/11/1998 9:52:00 PM
From: Joey Two-Cents  Read Replies (2) | Respond to of 18691
 
Kip,

Telephone lines repaired, back in business. With interest rates reaching historic lows here in the US you would think the banks would celebrate all that cheap money. Did they fall in sympathy with the rest of the market, or is a derrivative meltdown of epic proportions on the horizon?

All across the world currencies are dropping and rates are rising to lure back monies seeking safety in the USA. The higher they raise their rates, the more their economies slow down, the more the economies slow the more the currencies drop its a vicious destructive cycle. To raise cash commodities from Russia and oil from the Oil producers are driving prices down into a deflationary spiral. South America should be joining our Asia friends into the economic abyss, followed by Eastern Europe and finally Western Europe and the US.

US yet to see full impact of Asia
biz.yahoo.com

Profit warnings more than usual
biz.yahoo.com

Rubin Japan situation exceedingly troubling
biz.yahoo.com

Yen fall may trigger world depression
biz.yahoo.com

China wants Japan to support Yen
nt.excite.com

President of Nippon Steel says Asia in deflationary spiral
biz.yahoo.com

Cash pouring out of Japan
biz.yahoo.com

Asia in vicious cycle of pessimism
biz.yahoo.com

Japanese business sentiment falls to all time record low
satellite.nikkei.co.jp