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To: Chuzzlewit who wrote (89231)1/14/1999 1:11:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Paul:This is where I got my information which sounds more reasonable than NY Times.Wow 20% Brazil, it must be some country.

"JOHN WILLIAMS, GLOBAL MARKETS ECONOMIST, BANKERS TRUST: The U.S stock market does have a lot of problems. But frankly, Brazil is probably not one of those problems. The markets over-reacted to the Brazil situation this morning. Keep in mind that Brazil accounts for only about 2 percent of U.S. exports which means they only account for about .2 percent of the overall U.S. economy."




To: Chuzzlewit who wrote (89231)1/14/1999 1:18:00 PM
From: Venkie  Read Replies (1) | Respond to of 176387
 
I heard on cnbc that it was just a small %%%%....Brazil may loose a little more value on the currency but they may pull thru this..plus it helps the feds lean towards easing