Exchange, Individual Investor, September 1998
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.”