Orient Express

by Les Christie


Foreign Exchange, Individual Investor, September 1998


“The Asian economic crisis drags on, and the news isn’t getting any better.  So where is some of the smart money headed?  Asia, of course.  Although most analysts are sceptical that Japan will actually institute its promised financial reforms, boosting its market and pulling the rest of Asia out of the quagmire with it, a small but prestigious group of bears are changing their tune.  One, Montreal’s Sidney Klein – among the first to predict Japan’s market collapse in 1990, and the author of Sid Klein Daily Fax – predicts Japan’s Nikkei index will run up more than 50% by 2000.”