Re: Who let the big Russian Bears out ?

[Chris Burford]

At 09:24 15/03/01 -0500,

>Dow falls below 10,000
>Fear sweeps Wall Street as economic crises in Europe and Japan unnerve 
>investors

Is there yet definite evidence that the fall in stock values in personal 
portfolios is leading to a cut in USconsumer spending because anxiety is 
spreading about the near zero savings ratio?

Some analysts are arguing that even with the spread of share ownership 3/4 
of the wealth of US citizens is in property, and this has not yet been hit.

Chris Burford

London