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Pastimes : The Big Picture - Economics and Investing

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To: Bonnie Bear who wrote (511)12/14/1997 1:09:00 PM
From: James L. Fleckenstein  Read Replies (1) of 686
 
ALL- With the hoopla made about the big financial agreement between international financial interests Fridya night, what do people think the effect will be on stocks next week, ie tomorrow? My take is obvious: bank, insurance and brokerages should bump up at the open. The question is how broad and how long will this last? My guess is it will be short lived because it has holes in it and doesn't go into effect right away. Anybody with other ideas? TIA PS: You sound like my brother, the Seattle Bear: you can read him for spiritual support at www.stocksite.com. Enjoy!
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