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Economy / Stock Market / Rubin Interview #195965

ABC Evening News for Wednesday, Mar 14, 2001
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(Studio: Peter Jennings) Stock Market Report.

(Studio: Betsy Stark) Another drop in the stock market due to fears about economic problems in Asia and Europe examined; details given of drops in several European markets. [Goldman Sachs International Robert HORMATS, Morgan Stanley economist Stephen ROACH - talk about the reverberations of the global economy.] [Jefferies and Company market analyst Art HOGAN - says sentiment is now negative.] How many Americans have a stake in the changes in the market discussed.

(Studio: Peter Jennings) Interview held with former Treasury Secretary Robert Rubin about the markets. [RUBIN - says this "bit of adjustment" may be inevitable after "eight remarkable years"; talks about the state of the global economy; suggests television "chatter" can create volatility.]

(Studio: Peter Jennings) President Bush's efforts today to reassure the public about the economy reported. [In Plainfield, New Jersey, BUSH - expresses faith in the economy.]

Jennings, Peter;
Stark, Betsy

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