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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: LLCF who wrote (8790)9/12/2001 7:25:09 PM
From: American Spirit  Read Replies (2) of 74559
 
Don't repeat that cynical comment again. It's spreading fear and panic. And you may not even be right. I do agree however that it's a good thing markets are closed because any panic selling will be greatly muted. Also expect the Fed and government to move aggressively to boost this economy. And ironically the rebuilding effort will add many billions to the GDP and create many new jobs. After the LA earthquake the economy was booming for years on the insurance, FICA and cheap federal loan money.
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