America Strikes Back

[Georgia Bard]

Financial markets rattled as investors seek safe havens for capital
http://cnnfn.cnn.com/2001/09/11/news/wtc_crash/

"There will be repercussions in Asia and I expect the markets to go into alert," said UCLA finance professor Bhagwan Chodhry.

The confidence of investors in the stability of U.S. markets is very important said Edward Leamer, a professor of business finance at the UCLA Anderson School of Management.

"The U.S. had the image of being a safe harbor for investors," he said. "This may have a psychological impact on global investors who make take this moment in history to reassess their positions."


:=) Gary Swancey