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Politics : Idea Of The Day
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To: bob wallace who wrote (12909)10/27/1997 10:46:00 PM
From: Joe S Pack   of 50167
 
Are you guys watching CNBC?
I heard that HK market is already down by 13%. This gives enough room
for our politicians and other power hands to reassure the
fundamental validity of US economy and its global reach.
One lession we already learned is that US stock market is going to be
complex and is stronlgy tied to global economy. With this new
parameter in the equation, we need to be nimble enough and
keep a constant vigil all over the world. Thus there will be
more opportunities for ups and downs in future as the influence of
both domestic and global economies can equally affect the US market. Hope this will bring a sensible policy towards currency trading machanism.
-Karun
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