The current malaise will make SE Asia stronger by year 2000.
Things are going exceptionally well in the U.S. For sure the high Stock market reflects this. Investors in the U.S. market seem the need to first see some "real clouds", before running to cash. There may not be...
Despite the soaring U.S. stock market, the increasingly clear message from North America is: own foreign stocks ! Foreign stocks count for some 60% of world stock market value and the still often inward looking U.S., is getting the message.