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To: Bobby Yellin who wrote (24771)12/22/1998 8:23:00 AM
From: John Hunt  Read Replies (1) | Respond to of 117004
 
Tokyo dives in triple yasu

cnnfn.com

Equities, bonds and the yen all move lower; other Asian markets mixed

<< Tokyo stocks plunged Tuesday as Japan was gripped by a triple yasu - a sell-off in the bond, equity and currency markets. The drop pulled the Nikkei average below the crucial 14,000 barrier for the first time in more than six weeks. -- cont'd -- >>

More on the Japan and Asia markets overnight.



To: Bobby Yellin who wrote (24771)12/22/1998 4:05:00 PM
From: goldsnow  Read Replies (2) | Respond to of 117004
 
The way I see it Japan is afraid of strengthening yen (read weakenig dollar) The problem is that dollar is running-out of room, USA can't absorb all Toyotas and Sony's and everything else thatWorld is dumping on poor American chump/consumer..that is a real bubble..Dollar breaks-down, entire Universe (except Russia) is in Big Trouble..
Russia is already there for sometime..:(


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