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To: dougjn who wrote (15487)	9/24/1998 11:37:00 PM
From: Quincy	Read Replies (1) \| Respond to of 152472

Interesting LA Times articles... latimes.com latimes.com

To: dougjn who wrote (15487)	9/25/1998 9:52:00 AM
From: marginmike	Read Replies (1) \| Respond to of 152472

the majority of the 1st world, excluding Japan are still growing. Latin America is flat, or slightly growing. We are talking about Asia being in a depression and everyone else is being triped up. The Us will bail out Brazil after elections, The europeans and Chinese are doing OK and we will grow by less then before. I think the negatives are priced in the market and the odds are that we are past the worst of it. I am not saying something cant change and throw a wrench in, but I think if we can get to the end of the year we will start going the other way. I think Japan will bottom 4q and by third quarter next year return to growth. The sighns of consumer spending increasing has already begun in Japan. When it looks absolutly hopeless is usially when it turns.