Flamenco Dancer paintings
Franz Marc paintings
terrible disasters, and defense activity helps stimulate growth. Some were even suggesting that with the reopening today a spate of patriotic buying might rally markets, though most are predicting more volatility than anything else."The near-term shock of the tragedy will inevitably dampen activity and confidence," said Sherry Cooper, global economic strategist with the Bank of Montreal Group. "However, I fully believe that the resilience of the American economy will show through quickly." Added Don Marron of banking giant UBS: "The fundamentals of the economy are unchanged. The consumer is very resilient. We have to not let these criminals slow this economy down."Before the unthinkable happened, analysts, economists and market watchers had been intensely focused on the troubled U.S. economy
Wednesday, July 16, 2008
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