Putting Your Money Where The Recovery Is
Only six months ago, there didn't seem to be much reason to get enthusiastic about investing. On the home front, unemployment lines were lengthening, financial institutions were toppling, bankruptcies were mounting, the budget deficit was ballooning -- all signs of the first U. S. recession in eight years. And even those who might otherwise have committed fresh dollars to the markets could have easily been dissuaded by the crisis in the Persian Gulf. That was a wild card.
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