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Technology Stocks : Dell Technologies Inc.
DELL 122.92-3.9%Dec 18 3:59 PM EST

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To: JRI who wrote (62709)8/31/1998 10:11:00 PM
From: Mohan Marette  Read Replies (2) of 176387
 
'Our Economy remains sound' says Treasury Secretary Rubin-Well now he tells us.<g>

John:
In case you missed it.

Source:CBS MarketWatch

''The fundamentals of the United States economy are strong due in part to the sound policies we've been following,'' Rubin told reporters. ''The prospects for growth, low unemployment, low inflation continue to be strong.''

Rubin said he also had spoken to Federal Reserve Chairman Alan Greenspan and officials around the world.

''The world is currently working its way through a difficult period,'' the treasury secretary said.

Rubin said it was particularly important that Japan, the world's second-largest economy, ''move ahead with actions to put its economy back on track so that it can be a source of strength for the rest of the world.''

In response to questions about what advice he would give to average investors, Rubin, a former Wall Street investment banker, said: ''I never comment on markets and it wouldn't be appropriate for me to do so here.''

But he maintained, ''Our economy remains sound.''

cbs.marketwatch.com
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