search query: @author Bremner, B. / total: 18
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| Author: | Bremner, B. Glasgall, W. |
| Title: | Japan's money power |
| Journal: | Business Week
1996 : SEP 30, VOL. 3479:809, p. 42-46 |
| Index terms: | ECONOMICS JAPAN MONEY |
| Language: | eng |
| Abstract: | The nation's cash pump supports equity and bond markets worldwide. What if it falters -- or stops? If global investors needed a wake-up call about the sheer power of Japanese money, they received a nasty one during the summer. During two weeks in July, the Dow Jones industrial average shed about 6% of its value, setting off tremors on bourses worldwide. At the time, market pros pinned the decline on disappointing corporate profits and fears of rising interest rates and a slowing U. S. economy. |
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