1. Analysts said moves to tighten credit following the currency crisis sweeping Southeast Asia may help stabilize financial markets, though at the cost of slower economic and profit growth. 2. Bargain hunting and short-covering helped stabilize the market Monday. 3. A stronger yen also helps stabilize export markets in the region, reducing the chances that Asian exporters engage in a competitive bidding war. 4. A strengthening of the yen, while hurting certain exporters, may help stabilize the market as a whole. 5. But the political pressure is mounting for the Koizumi government to stabilize the market by buying up shares. 6. Currency dealers were were heartened by the Mexican rescue package, hoping it will help stabilize Latin American markets and ease pressure on the dollar. 7. Even the most fervent free-market advocates should recognize that there must be short-term steps taken now to stabilize the market. 8. For most California energy users, electricity rates are now frozen to stabilize the market as part of recent deregulation of the industry. 9. For companies, options may help attract investors to stocks by stabilizing the market. 10. In the cases of Asia and Russia, the Rubin team worked through the International Monetary Fund to stabilize markets and rebuild investor confidence. |