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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (41097)6/27/1999 5:39:00 PM
From: C.K. Houston  Read Replies (2) of 94695
 
The Crash

On Tuesday 6/29, FRONTLINE explores the global crisis that began as a real estate bust in Thailand and roared through the world's economy-from Bangkok to Jakarta to Moscow to Wall Street. On August 31, 1998, the Dow Jones industrial average plunged 512 points, wiping out stock market gains for the entire year. In the United States, small investors watched more than half a trillion dollars of their savings disappear. Fear spread that the global economy was falling apart. The program gathers
some of the world's leading financial analysts to unravel the reasons for the crash of 1998 and to predict whether-and when-it will happen again.”
pbs.org

Cheryl
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