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Politics : Idea Of The Day

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To: James Strauss who wrote (19575)	8/27/1998 10:29:00 PM
From: jayhawk969	Read Replies (1) of 50167

Jim, With Asia and Russia, and now Latin America teetering at the precipice, forward earnings growth for U.S. companies is not locked in stone as our export business shrinks... As I've said before, the FED needs to cut interest rates to avert a slowdown in our economy that would be translated into yet lower stock prices... The world in simplified form is 3 legged, Asia, Europe, and the US. If Europe falls as a result of the Russian influence the game is over. your remedy could not come soon enough. Lets hope that we get favorable news out of Europe soon. I don't expect Asia to be positive. J.D.

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