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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (26435)9/4/1998 6:08:00 AM
From: yard_man  Read Replies (1) | Respond to of 94695
 
For this instant in time maybe -- >> nothing else matters <<

In the very near future many other things will matter.

1) The US's fantastic trade imbalance.
2) The multiplier effect of reduced demand abroad
3) The disappearance of a large chunk of equity
4) Excess capacity in the industries most highly leveraged
5) A reversal of the credit boom that has fueled the rise in asset prices