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Strategies & Market Trends : Asia Forum

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To: Sam who wrote (8200)3/5/1999 1:37:00 PM
From: MikeM54321   of 9980
 
From today's Bloomberg: "Supporting that view [no Fed hike], an article in Business Week said Fed Chairman Alan Greenspan doesn't see much reason to increase U.S. rates, partly because he's still afraid a new financial shock could send the global economy reeling. The magazine cited unidentified people familiar with Greenspan's thinking as its source."
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Sam and Thread,
Speaking of Alan Greenspan, any speculation on what AG means by a, "new financial shock?" Pure 100% guess on my part, but I'm wondering if he is worried about the China devaluing the yuan.
MikeM(From Florida)
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