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To: lorne who wrote (47619)1/28/2000 10:51:00 PM
From: PaulM  Read Replies (3) | Respond to of 116762
 
Today's markets seemed reminiscent of the Asian financial crisis. Although the US stock market was spooked back then, and the Fed even had to bailout a few cocktail acquaintances, overall, the whole experience seemed to benefit America.

Producer country currencies tanked, along with commodity prices, the dollar got a big flight to quality bid and the US expansion was probably prolonged as a result.

Any thoughts on what's going on?