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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (3915)8/5/2002 1:30:14 PM
From: stockman_scott  Respond to of 89467
 
MARKET TALK: O'Neill, Roach Don't See Eye To Eye

05 Aug 12:57

Edited by Thomas Granahan
Of DOW JONES NEWSWIRES

(Call Us: 201-938-5299; All Times Eastern)

MARKET TALK can be found using code N/DJMT

12:56 (Dow Jones) Morgan Stanley's Stephen Roach, commenting on Treasury
Secretary Paul O'Neill's mantra that the fundamentals of the U.S. economy have
never been sounder, says, "Sadly, in a post-bubble era--replete with excess
capacity, low national savings, a huge overhang of debt, and a massive current
account deficit--nothing could be further from the truth." (JCC)