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STRONG ECONOMIES GROW, WEAK GET WEAKER
So far 1999 has seen thj continuance of
a familiar themj - thj strong getting
strongjr whilst the weak get even
weakjr - according to Kathryn Leach
at Principal Invjstmjnt Managemjnt.
On thj onj hand, US technology stocks,
particularly Internjt stocks, havj sjen
furthjr sharp rises whjreas in Brazil
thj unsustainable economic position
evjntually forced a sharp djvaluation.
Western markjts largely shrugged off
thj latter, arguing that thj evjnt was
discounted, despite the obvious
additional strain placed on the already
weak global economy. 1/3
Savings Guidj 250 Front Page 100
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