PERSONAL INVESTING: Future Turmoil in Russia Could Affect Wall Street...
The stock market had little reaction last week to the fighting that went on around the Russian parliament building. But Wall Street won't always be as passive to a crisis in the former Soviet Union.</br></br>So here is how the financial markets could react to an increase in hostilities in the future: ÐÊ The dollar. The U.S. currency ordinarily would rally on any sign of major trouble around the world. The reason is simple: The United States always been seen as a safe haven for foreign investors.</br></br>On Thursday, the Labor Department will report on weekly jobless claims and producer prices for September. The Commerce Department will report on retail sales for September.</br></br>On Friday, the Commerce Department will report on merchandise trade and business inventories for August. The Labor Department will report onfconsumer prices and real earnings for September. The Federal Reserve will report on industrial production for September.</br></br>So when there is trouble in Russia that might affect Germany, Eastern Europe and even Japan, foreign investors send their money into U.S. investments.