Present value of $10,000 investment made January 8, 1998 minus fees and commissions. Rates reflect Wednesday close. Copyright 1998, The Meyers Report
Even with talk of war, the markets appear oblivious. Stocks rose, oil prices slid and bonds held their own last week. The world's athletically fit economy ignored potential problems as the investment equines leave Nagano with medals galore. Silver got the gold but took a horrendous $559 fall without serious injury. Because he is so far ahead, he couldn't be caught. OTC mastered the moguls and left some bumpy terrain behind to take $45 and remain in second. Blue Chip moved up to third, speed skating his way to a $168 medal. Gold, which spent most of last year going downhill, took a $10 spill but hung on for fourth. The Lipper guys joined the women's hockey team and did better than the U.S. stickmen. Lipper Mutual turned a hat trick, putting $119 on the board, while Lipper International netted a $22 shot and sixth place. The saver steeds opted for slow, steady curling, with EE Bonds, Money Market and 90-day CD scoring $11, $10 and $8, respectively. 30-Year T-Bond did great in the short program but fell apart in the free skate, blowing a quadruple lutz and garnering only $27 from the judges.