Asian Strength: Heard on the Street

A wildly successful hedge fund principal told a gathering of investors in NY this week that in 5 years looking back, it will be almost impossible to recall the exact year of the credit crisis in Asia. The reason being, that unlike the Asian financial crisis of 1997, the recession of 2008/9, which rocked the West, has been only a small bump to the Asian financial markets, company performances and stock exchanges in Asia, so small that in five years it will barely be specifically identifiable.

With Domestic company earnings per share up and even Export businesses earnings up

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