Stocks stall
Equities hover near the breakeven point amid talk of big terror attack, still high oil prices.
05/26/04 U.S. stocks were fractionally lower Wednesday morning, staying close to the breakeven point amid talk of a pending terrorist attack on U.S. soil this summer and ongoing concern over high oil prices.
http://money.cnn.com/2004/05/26/markets/markets_newyork/index.htm
The gyst of the coasttocoastam show last night would that the attacks would be on the energy infrastucture, pipelines, the refineries, causing gas and diesel to shoot to over $3.00/gallon very quickly, which would result in rapid economic change, and lots of foreclosures in housing (those with adjustable mortgage rates) They suggested that perhaps actions were being coordinated, with the speculation driving up oil prices, foreign governments taking advantage of other markets during this time (sell off of US dollar, foreign governments withdrawing from US Treasury markets)
While I might not connect the dots in that same way, there certainly are other governments that would take advantage of our situation.