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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Henry Volquardsen who wrote (404)8/14/1998 9:49:00 AM
From: Chip McVickar  Read Replies (1) of 3536
 
Well, that kind of a slide would certainly be from right field.
But I do not believe it can be totally disregarded. A significant number
of events would all have to occur at the same time.

Which would primarily result from pressures on the US dollar as many
countries currencies are devalued and deflation pressures effect US companies.
So far Asia has been contained, but it may not last.

Lester Thurow has just written an excellant Opinion in the Boston Globe
on the prospects of deflation and it's effect on the economy.
It was in Tuesday's paper Aug 11.

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