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To: Patrick E.McDaniel who wrote (50865)7/12/1998 9:08:00 PM
From: Ian Davidson  Respond to of 176387
 
Hi Patrick,

I can't understand what all the gloom and doom is about anyways. Things under Hashimoto haven't exactly been stellar......I think this could be a positive for the markets.

Ian



To: Patrick E.McDaniel who wrote (50865)7/12/1998 9:58:00 PM
From: stock bull  Read Replies (1) | Respond to of 176387
 
Patrick, Yes, I noticed that Japan is only down around 33 points. Got the info from Yahoo International. However, as expected, all the Asian countries are opening down...they may recover by the time our markets open tomorrow. Lets see what Europe does...major influence on our markets.

Stock Bull



To: Patrick E.McDaniel who wrote (50865)7/12/1998 11:23:00 PM
From: Kayaker  Read Replies (1) | Respond to of 176387
 
canoe.ca

Analysts said Foreign Minister Keizo Obuchi was the front-runner to replace Hashimoto. His appointment as prime minister, they said, would bring stability to the markets, ensuring some cohesion in policy.

"Obuchi would likely move for more rapid and larger permanent income tax cuts," said Martin Foster, senior analyst at Standard & Poor's MMS. "The ideal policies, at least in terms of the electorate, would be income tax cuts coupled with a cut in the consumption tax."

canoe.ca

Japan PM candidates get mixed reviews from market