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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (1335)8/28/1998 11:21:00 AM
From: Dnorman  Read Replies (1) | Respond to of 3339
 
What if anything Can Yeltsin say this morning that will have a positive effect on this market? I think it will probably be non event. Just guessing!

Dennis



To: Paul Shread who wrote (1335)8/28/1998 12:14:00 PM
From: Les H  Respond to of 3339
 
Japan's economy been in and out of recession for much of that time. Never in a prolonged recovery of more than a year or so leading to an expansion that would relieve their financial problems.



To: Paul Shread who wrote (1335)8/28/1998 12:19:00 PM
From: Gwolf  Respond to of 3339
 
We have more than just Japan to deal with this time, add to that all of Asia and Russia. If you look at the bank loans from country to country and the derivatives you will see that we are hanging on to the edge of a cliff. If nothing else goes wrong you can climb off the cliff and get back on top, if however you throw a little more weight on the victim from collapsing currencies, bank defaults or a derivatives market collapse then you will literally be pulled over the cliff. You don't know the outcome at this moment but the global economy is fragile enough that it won't take to much more to push everything over the edge.

Gwolf



To: Paul Shread who wrote (1335)8/29/1998 11:41:00 AM
From: Les H  Read Replies (1) | Respond to of 3339
 
The fear of global financial meltdown ''should concentrate their minds, but Japanese politicians have a remarkable ability to stare at their belly buttons for a protracted period,'' said Russell Jones, chief economist at Lehman Brothers.