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Politics : Ask Michael Burke

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To: PaperChase who wrote (62319)6/14/1999 3:57:00 PM
From: Freedom Fighter   of 132070
 
Paper,

>>If the S.E. Asia crisis, failed hedge funds, and various wars can not make this market tank, then nothing will.<<

Ironically, I suspect that the 3 items listed above actually helped the U.S. markets. SE Asia and the war contributed to capital flight to the U.S. The hedge fund debacle lead to the federal reserve flooding the system with money and easy credit.

Wayne
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