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

To: Jim Willie CB who wrote (12506)	2/3/2003 2:24:58 PM
From: stockman_scott	Respond to of 89467

Global: The Least Likely Outcome? By Stephen Roach Morgan Stanley - New York 2/3/03 Investors are understandably gun-shy these days. So are economists, analysts, and market strategists. Bear markets tend do that -- especially this one. The hope is that the worst is over. But there are few willing to bet that a meaningful resurgence in the global economy is now at hand. Markets are now discounting a slow cure. The downside has been ruled out -- but so has the upside. Therein lie the risks... morganstanley.com