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To: Thomas M. who wrote (53233)8/31/1998 12:32:00 AM
From: Matt Meagh  Read Replies (3) | Respond to of 61433
 
I've got a question for the thread in general. I've heard here
a few times that overseas money looking for a safe haven might
find it's way to the U.S. markets. Given recent opposing directions
of the U.S. stock markets and bond markets, the former being downward,
might not most of the overseas money find its way into bonds or
bond funds, thereby making bonds look even more attractive to those
currently invested in stock equities - causing more money to be
pulled out of the stock markets (perhaps even more than any new
overseas money put into the stock market).

I know little of macro economics, and some of my premises may be
wrong, just wondering if anyone cares to comment.

Thanks, Matt