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

To: KM who wrote (8355)3/20/1999 10:56:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 9980
 
Trufflette, now you can see why I have that "Spring Relapse" fever. They can hide what is going on only so long. Japan has adopted one minor concept that this thread has recommended (the consumer coupons), but if they just spent 1% of their $200 Billions stimulus package (forget about the bank rescue package), in a massive confidence build up campaign over the last twelve months, they would be on their way out of this recession. Now there is a "real and present" danger that they will drop into a depression, and that is much more difficult to cure. It would help of course if they relaxed their immigration policies as well, but that is asking too much right now.

Zeev



To: KM who wrote (8355)3/20/1999 2:58:00 PM
From: Frodo Baxter  Read Replies (1) | Respond to of 9980
 
Japan's in a heap of trouble, but racing to be the most sour pessimist does not qualify as journalism.

>Long-held shares of affiliates, suppliers and friends are sold off to bolster profits and give a lift to the Nikkei 225 Index (which indeed closed Friday at 16,378.78, up 5.4% on the week.)

Hey doofus, selling shares does not make the index go up!


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