[lentulusgracchus]

Europe's turn to be pumped, or Asia's? In the international sectors, I.I. has been favoring Japan, though that may turn out to be another bear-market 20% rally.

[Lessismore]

I would have thought Asia, and I think that was the preferred option. However, then Bush was elected, and the hostility of the Bush adminstration to Asia complicated matters. The Chinese boom hasn't been what it might have been under a Gore administration. On the other hand, treatment of Japan has become more favorable, creating a better climate for Japanese stocks.