Investing during a Bear Market Message Board

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Strategies & Market Trends : Investing during a Bear Market

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To: Paul M. Rengier who wrote (15)	11/8/1997 10:02:00 AM
From: Zeev Hed	Read Replies (1) of 226

Paul: I agree with you, the Euro will be closer the weakest component. Furthermore, I think that some "black money" will take some time to be recycled into the Euro and integrated into the common money. That may cause another small "dislocation". Finally, any major change like that has "losers" and "winners" at the margins, and readjustment to a new equilibrium of capital flow will cause additional economic dislocations. I do not think that Europe and the Euro will be a good place to hide through any such transition. Just my two cents. Zeev

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