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To: John Hunt who wrote (16697)	10/7/1998 9:11:00 AM
From: Link Lady	Read Replies (1) of 18056

Hi John Just read this. Does it mean that the full blown panic is now upon us? WASHINGTON (Dow Jones)--U.S. Federal Reserve Chairman Alan Greenspan warned Wednesday of an emerging credit crunch in financial markets around the world, but said there is no evidence yet that it's slowing the U.S. economy. In a speech to the National Association of Business Economists, Greenspan said investors around the world have shifted from making calculated risk assessments to simply fleeing the markets out of fear. He cited "a broad area of fear and uncertainty" in the markets, in which investors are saying, "'I want out. I don't want to know whether my investment is risky or not. i just want to disengage.'" Good Luck Wendy

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