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You wrote:
> Russian interests aren't panning out for American companies. Recent
> turmoil there could cause some companies to loose big in Russia.
> Markets like to discount the future and I'm sure more than 1
> investor thought that Russia would prove a bonanza for American
> companies. So that light is fading. Next is the continuing erosion
> in Asia. No one touched the Yen today because the economy is so
> bad. Then there's Latin America which is still reeling and the US
> has a large stake. None of these economies the US has attempted to
> support are turning around as expected. That's got to concern some
> players. The problems in Russia exacerbated the problem beyond the
> breaking point.
Gosh, all the mutual fund companies assured us that
*diversification* in global markets was a GOOD thing! The Asian
miracle would make us all rich. Boundless growth was just oozing
from Latin American stocks and emerging capitalist economies like
Russia were a great buy!
Yeah right. One of these days I'm going to start up the "Brooklyn
Bridge" fund...
- Hacker
---
Dark Hacker | Fortress Of Computation
mail: hacker@xxxxxxxxxxxxxxx | web:
http://www.computation.com/pub/hacker/
Investment and Market Outlook:
http://www.computation.com/pub/hacker/Investment/index.html
Bishop Protein Analytics:
http://www.computation.com/pub/hacker/Bishop/index.html
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