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To: JF Quinnelly who wrote (3739)8/11/1998 9:36:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 86076
 
abiworld.org
hmmm.....something wrong with this picture....why does this look like the nasdaq banking index?



To: JF Quinnelly who wrote (3739)8/12/1998 1:23:00 AM
From: TRINDY  Read Replies (1) | Respond to of 86076
 
The "wit" was Nobel prize winning economist Paul Samuelson. The same who was in the press in recent weeks criticizing the Fed for waiting too long to cool off the stock market part. Agree with your general point that the economy can continue to grow even though the stock market is in trouble. Still, the market is a good leading indicator of future economic activity and such indicators are not easy to find.


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