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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Robert Douglas who wrote (8231)3/8/1999 2:34:00 PM
From: MikeM54321  Read Replies (2) | Respond to of 9980
 
"Is everyone being too negative on Japan?"

Robert,
What...You didn't see the headline on CNBC this morning? It said,

"JAPAN'S RECESSION IS OVER."

It was paraphrasing some big brokerage house report. Then a reporter came on with some blather and concluded with, "This is certainly good news for the United States." I got the biggest kick out of that headline and follow-up story. Wish life was so simple.
MikeM(From Florida)



To: Robert Douglas who wrote (8231)3/8/1999 3:19:00 PM
From: Dayuhan  Respond to of 9980
 
I didn't stop to hammer on the numbers - there are others here that do that much better than I do - but I recall that while reading that Bloomberg article that the results seemed rather puny compared to the size of the stimulus package. It could, of course, be the beginning of a trend.


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