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To: Zeev Hed who wrote (18274)6/25/1998 11:20:00 PM
From: TideGlider  Read Replies (1) | Respond to of 25960
 
China doesn't want to wait til the YEN goes that high and I believe they have some cards to play with Billy-boy...that may account for a delay in the climb or a fix sooner than later. It may also cause Billy to make some deals with Japn that would benefit them. But who knows...I just see advantage Asia over Bill right now.

TG



To: Zeev Hed who wrote (18274)6/26/1998 9:01:00 AM
From: geewiz  Read Replies (1) | Respond to of 25960
 
Hello Zeev,

So are we at a turn of the business cycle, and not an inventory adjustment phase? In this post do I hear a hint of a change in your confidence in the economy?

I know you've often reminded us that Marx hatched the idea you can never get rich working for yourself; just as significant was his perception of the inevitability of the business cycle. Do you see possible cracks in the current recovery?

Sorry to post the question on a Ticker thread, but I read your posts from my people mark which landed me here.

Appreciate your thoughts.

best, art