BARRON: 石油冲破＄１００大关，DOW 跌穿１００００点

What could precipitate a 1987-style setback?

The leading candidate is a major geopolitical shock. A U.S. attack on Iran, for instance, could drive oil prices past $100 a barrel, lead to wholesale liquidation of dollar assets by Middle Eastern investors and destabilize the region by drawing powers like Russia into the conflict. That, in turn, could set off a financial crisis by prompting wholesale liquidation of stocks by leveraged hedge funds and other investors, while putting enormous stress on the leveraged balance sheets of major banks and securities firms. Such a catastrophe could be worsened by the trillions of dollars of derivatives that Berkshire Hathaway CEO Warren Buffett has called "financial weapons of mass destruction."

所有跟帖： 

• Haha… this Barron must be an idiot! He has no clue what he is ta -秋之皓月- ♂ (195 bytes) () 10/15/2007 postreply 17:45:28

• Barron 's timing is ....hehe -nullll- ♂ (172 bytes) () 10/15/2007 postreply 17:51:25

• 为什么断章取义？ -dividend_growth- ♀ (183 bytes) () 10/15/2007 postreply 19:22:34