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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (556)9/3/1998 12:49:00 PM
From: Henry Volquardsen  Respond to of 3536
 
there is certainly that risk and something we need to be watchful for.

The key is investor confidence and that is a sometime fragile thing. The physical damage to the US market is certainly tolerable. The problem that we face, and is implicit in the concerns of Greenspan and others, is that if the psychology turns to extreme fear the normal corrective action will be exaggerated and cause bigger problems down the road.


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