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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Mr. BSL who wrote (6790)8/13/1998 8:46:00 AM
From: Wally Mastroly  Read Replies (2) | Respond to of 42834
 
Duke, Agree. But lets hope she gives her rationale for her opinions.

Would like to know her latest assessment of the international economic situation. Russian markets are reeling, Hong Kong keeps reaching new lows, Japan still struggling to act instead of talking,possible Chinese devaluation,etc.

Russian situation scares me. The political/social unrest could resurrect some old communist hard liners. Germans apparently have large investments in Russia.

Here's a link speculating on whether the Asian situation is a recession or a depression:

usatoday.com

Not sure our President (& I use that term loosely) can marshal any support to relieve the situation - at least temporarily to buy more time. He can't even get Congress to increase our IMF support. I'm afraid he may become a real "lame" duck (if he isn't already). It's a sad day in U.S. history. He may have permanently lowered the bar for the office of the president.

(Sorry - didn't mean to ramble, but slick Willy's arrogance appalls & frustrates me)