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The Economy: Will it recover?

This article is more than 17 years old.

The Dow Jones experienced its largest single day drop ever today, with the industrials tumbling more than 680 points. The one-day drop was not surprising, as today was the first day of trading since last Tuesday's terrorist attacks that destroyed the World Trade Center. But what long-term impact will the attack have on the economy? Is the recession that was feared before now a foregone conclusion?


Michael Goldstein, Professor of Finance at Babson College;
Richard Parker, Senior Fellow at the Shorenstein Center at Harvard University

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