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To: sea_urchin who wrote (33485)	5/8/1999 12:45:00 PM
From: lorne	Read Replies (2) \| Respond to of 116762

RETHINKING ASIA Premature Optimism So what are the markets telling us now? One possibility is that the markets are saying: "Oops, sorry, we made a mistake." A second is that hard-core macroeconomists are right and central banks can turn economies and markets on and off like water taps by adjusting money supply and interest rates. A final and more convincing possibility is that financial markets, for all the pretensions of market participants, simply don't work very well, largely because the average market participant is a highly strung, emotional creature with the attention span of a mosquito. Full story>>>>>>> feer.com