Replies to post #140474 on Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

punkle...

I am no expert on Japan, but I follow it as important to the global economy. My personal opinion is that Japan has about zero chance of a serious, sustainable recovery here and the quote you cited is exactly correct - they are still delaying the structural reforms that are required before any recovery is possible. I look for their markets to make new lows before too long and systemic financial dislocation is still a real possibility.

Like ourselves, they are almost totally dependent on the US consumer for any chance of recovery and that is not going to happen.

mlsoft

[TJ Parker]

on the other hand, mark faber (sp?) - who's usually outspokenly bearish - did day recently that he thought that the japanese market had bottomed. (barrons roundtable, i think.)

[DlphcOracl]

punkle: Ultimately, the really difficult question to answer will be:

Which is a better short, the German Dax (EWG) or the Japanese Nikkei (EWJ)? Ah, decisions, decisions.