Sit Tight As Gulf Crisis Rocks Markets and Rates
The Persian Gulf crisis bruises stock and bond prices, boosts interest rates, and sharpens inflation fears from higher oil prices. Experts urge investors to sit tight and wait for market calm, with few shifting money to inflation-linked or resource-focused funds. Short-term Treasuries are recommended for cash.
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Capital Insight Inc
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Junting
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Lipper Atone Services Inc
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David McLaughlin
Chase Investment Counsel
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Goldinger
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New York Stock Exchange Weekly Wrapup
AP reports mixed week end trading on the New York Stock Exchange with several major issues showing varied gains and losses. Traders monitored airline, energy, and financial stocks as market activity fluctuated amid ongoing corporate updates and investor sentiment.
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New York Exchange
NEW York
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Bush
William H. Donaldson
John J. Phelan Jr
Donaldson
Donaldson, Lufkin & Jenrette Inc
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