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To: Ahda who wrote (3162)1/21/1999 3:03:00 PM
From: Lucretius  Respond to of 81087
 
mkt capitalization as a % of GDP, household ownership of stock at all-time highs, use of options in leu of salary, importance of the financial service industry in the US, record trade deficits, etc.

any of these (and there are many more) point to the increasing reliance of the US economy upon the stock mkt as the engine of growth.