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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	7/11/2001 2:31:52 PM
From: Softechie	of 37746

10:17 (Dow Jones) Rumors circulating that the Fed is holding an emergency meeting to discuss the emerging markets crisis possibly sparked by Argentina's problems. But Fed meets every week anyway, and often holds unscheduled meetings. Further reality check: U.S. investors don't have a lot of exposure to Argentina. (AES/GC) 10:05 (Dow Jones) Latin American equities in steep descent as tremors from Argentina rock the region. Argentine and Brazilian stocks leading the dive with Telecom Argentina (TEO) off 10% and Brazilian telecom Embratel (EMT) 5.3% lower. (CAR)

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