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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: oldirtybastard who wrote (167126)	5/21/2002 8:37:06 PM
From: Giordano Bruno	Read Replies (1) of 436258

I'm considering reading this little stock market story to my toddlers at bedtime tonight. One isn't always able to find tales which focus on the really important things. Terror and the Markets A few words on terrorism fears, which depressed the market this week: Yes, there may be more terrorist attacks and there may well be suicide bombers in the U.S. However tragic the consequences, the question for investors must be whether such attacks would disrupt the economy. We have learned that not even a strike of the magnitude and success of the World Trade Center attack could disrupt the U.S. economy for long. I suppose terrorists could come up with something even more diabolical, but I doubt it. We could also be hit by a meteor. But rational investors simply can't function as though doom were just around the corner; there would be no point. And I note that consumer confidence and optimism have stayed astonishingly strong, even in the face of recent dire warnings. Common Sense Archives with James B. Stewart smartmoney.com

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