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Strategies & Market Trends : Waiting for the big Kahuna
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To: P.Prazeres who wrote (13953)2/7/1998 5:06:00 PM
From: Bonnie Bear  Read Replies (1) of 94695
 
Paulo: AG and Rubin's job is NOT to protect the market. it is to moderate economic growth. ..they have said over and over again to expect deflation in equities and real estate, and that deflation was only bad if if happened very rapidly. Greenspan has also come out with comments that as the world financial markets become more complicated, violent changes would become increasingly common. Some caution is advised.
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