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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: John Liu who wrote (628)9/4/1998 8:10:00 PM
From: Rob Shilling  Respond to of 1301
 
John,

I think it might be a good bet to try emerging market debt funds. Also emerging market stock funds may be good too. If you are a value investor, it is hard not to look close at the international scene where several stock markets have had declines of 80-90% in dollar terms. Note the dollar has been weakening and that is good for investors in the U.S. investing internationally.
I think most of the currencies that are going to devalue have now, and the "asia contagion" will soon be replaced with the "U.S. flue"