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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (33324)	10/3/1998 8:41:00 PM
From: Joseph G.	Read Replies (2) of 132070

The late stock market bubble is now official: -g- <<WASHINGTON, Oct 3 (Reuters) - Italian Treasury Minister Carlo Azeglio Ciampi said on Saturday a recent correction in stock markets was a positive development as it had ended a speculative bubble. ''A few months ago I referred to the speculative bubble in the stock market. Now it is over,'' Ciampi told a news conference after a meeting here of the Group of Seven major industrial nations. Asked whether this was a positive development, he replied: ''Yes it is positive.''>>

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