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


To: Joey Two-Cents who wrote (10760)6/30/1998 10:56:00 PM
From: Oeconomicus  Read Replies (2) | Respond to of 18691
 
Good evening, Joey. Did you catch this over the weekend?

biz.yahoo.com

NEW YORK (AP) -- The worst of the Asian financial typhoon is yet to wash over American shores.

American workers and businesses, while so far weathering much of the yearlong crisis, are likely to feel the pounding in the months ahead. Layoffs will increase, export sales will slump further and lower-priced imports will surge, analysts say.

''The Asian situation will get worse, and the economic effects on America will be more and more pronounced,'' said Sung Won Sohn, chief economist at Norwest Corp. (NYSE:NOB - news) in Minneapolis.


Better go buy something safe like AMZN.

Bob