To: T.R. who wrote (76148 ) 11/2/1998 9:32:00 AM From: Mohan Marette Respond to
Ma,Pa and the Wall Street Pundits.Here's why Ma and Pa should buck up Whoa. Just because lots of big portfolio managers have taken their money off the table in fits and starts in recent months, that's no reason for the individual investor to follow suit necessarily. Indeed, to hear a trio of distinguished market pros tell it, Ma and Pa really aren't all that skittish -- and for good reason. Expansion goes on "There's a real disconnect between Main Street and Wall Street," said Diane Swonk, chief deputy economist at First Chicago, one of the largest banks in the Midwest. Indeed, Swonk added, the largest and longest economic expansion in more than 30 years "is far from over" even as the much-feared storm clouds from a recession-racked scene overseas rolls in.
