Investors flood into Europe; Opportunities abound, but so do risks
Jan. 15, 1990
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The flood of East Germans through the Berlin Wall has done far more than empty West Berlin's shops. It has sparked Euro-phoria among the world's investors.
The flow of investment money from Japan and the USA into Western European stocks and bonds has swelled to a tidal wave. In fact, the rush has begun to show all the signs of a classic shoot-first-and-think-later frenzy - the very kind of excess of which prudent investors should beware.
