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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (19422)8/19/1998 7:15:00 PM
From: gerard mangiardi  Respond to of 50167
 
Thanks but under the new accounting savings is just under 1 percent not four. The stock market is currently the greatest store of liquid wealth. The question remains how big a drop in this store will cause a flight out of equities? My guess is about 15% but would like to know the thoughts of others. BTW- to Ike this is a scenario where stock prices and interest rates would go in the same direction.


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