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We find ourselves in the 90s in a whole new world. The decline of Nuclear Weapons. We have an arms control treaty, start one at the very beginning of the decade. We have International Structure which is no longer why polar. It could be called unipolar. We have globalization is the recent pieces to it but it appears to be part of a fundamental new world order. I love that phrase. It has the imagery of military force that still there but not Nuclear Weapons. Economic measures of power were going to be so much more important. There was a prediction of the decline of the nationstate in the concept of National Sovereignty where International Commerce information, technology would replace thi ....
[ booing ] you have to resurrect the words of the consummate stock genius, hunter s. Thompson. The truly fathomed the depths of derision, professional Money Managers feel toward this market. The freight and the hate defined this darn tape even today where we ultimately rally with the dow climbing 89 points. S p gaining. 68 and the nasdaq advancing. 9 and the bullish big boys run scared. So what do the pros fear . I think they actually fear four things. The first is japan. We dont talk enough about japan on this network and me personally because, frankly, whats happening there i regard it downright scary. The land of the rising sun is what looks like a failed strategy to get some sort of boom going. The japanese stock market is down 14 this year, by far the worst major market in the world. Did you know that . Countrys retail sales have pummelled and pummeled. They plummeted after a recent hike in taxes, and the japans inflation whi ....
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