Maybe Wall Street And Clinton Can Just Be FriendsGary Weiss
For weeks, as the stock market climbed to new records, the drumbeat from Wall Street has been ongoing: A correction, market mavens insisted, was on the way. Well, on Feb. 15, President Clinton gave the public a peek at his economic plan--and the following morning, the market, amazingly, seemed to do what was predicted. Large and small stocks fell like ninepins, with over-the-counter stocks tumbling nearly 4%, and falling again the next day.
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