- 1. The specter of the hard landing in Japan after its equity bubble burst.
- 2. The specter of 9/11 and the outbreak of terrorism in the homeland.
- 1. In the face of the threat of continued terrorism, a strong economy and the accompanying strong consumer sentiment are necessary to fight a war.
- 2. Then, of course, there is Greenspan's legacy.
|S&P 500 10-minute |