Word: trahan
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Dates: during 2003-2003
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...degree to which oil prices, in particular, return to their pre-uncertainty lows ?will depend on the stability of a post-Hussein regime,? Francois Trahan, chief investment strategist at Bear Stearns, writes in a report this week. As for the broader market, ?we would not expect a quick military victory to completely eliminate risks." At best, "it will bring a sigh of relief to equity investors and refocus attention on the fundamental backdrop." A backdrop which still includes the earnings woes and slender profits that beset much of corporate America with or without the uncertainty in the Middle East...