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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (7744)9/10/1998 1:51:00 PM
From: djane  Read Replies (2) | Respond to of 22640
 
So, learned threadsters, why are oil prices/company stock prices up? The crisis is supposed to be deflation and a global recession. Wouldn't oil consumption then decrease? What am I missing (other than a big chunk of my net worth...)



To: DMaA who wrote (7744)9/10/1998 2:01:00 PM
From: MGV  Respond to of 22640
 
David,

I better be right.

A devaluation there carries unthinkable implications for the country and the hemisphere.