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To: GST who wrote (50726)4/16/1999 4:06:00 AM
From: KeepItSimple  Respond to of 164684
 
Yes, it appears our madness is spreading to asia. In reference to hong kong's market going to the moon this morning:

''It's overseas funds coming in, renewed optimism, and the belief that if the American market can rise past fundamental valuations, so can Hong Kong,'' said Douglas Hansen-Luke, associate director at South China Securities.

If this isnt contagious inflation, i dont know what is. Just because it's in equities and not treasuries makes no difference.


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