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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (5101)	7/8/1998 5:34:00 PM
From: don pagach	Read Replies (4) \| Respond to of 9980

Lee, There was an article in the WSJ within the last couple of days concerning european auto sales-main point was that euro manufacturers were getting clobbered due to price advantage of asian manuf. Most euros sales were down while asian manuf. were seeing double-digit % growth. However, as you mentioned in your original post US manuf. are doing extremely well. The economy seems to be quite confusing and the stock market seems to be disjointed from it. I think we will be seeing more poor countries getting extremely poorer and the US doing extremely well, it appears that we have insulated ourselves from the world, not in a real economic sense, but rather in a thought sense. Someone on the board a while back wrote that "summers here asian problems go away" and it couldn't be more true. If Indonesia and Russia and Malaysia go to hell in a handbasket well that's just because they didn't have enough sense to buy Yahoo at $150. Just some ramblings.