We've really had a lot of back-and-forth in Washington and a clear solution hasn't emerged. |
What's very tough about looking at the Asian situation is that there are very deep rooted problems in a number of those countries: very high debt, currency problems, economic problems. It may take a while for these to play out. |
With earnings slowing and interest rates coming down more slowly, the market is likely to appreciate more slowly. |
You can get some very good prices here, if you missed them on the last go-round. |