Article: Grand Forks, N.D., Economy Would Hold Steady in War, Wells Fargo's Sohn Says.

By Tu-Uyen Tran, Grand Forks Herald, N.D. Knight Ridder/Tribune Business News

Jan. 16--War in Iraq will be the key influence on the performance of the national economy this year, Wells Fargo Bank's chief economist told a Grand Forks audience Wednesday.

Sung Won Sohn, commonly called "Dr. Sohn," was in town for a few hours to speak at Marketplace of Ideas.

He predicted there would be a war and it would result in a swift American victory, followed by a drop in oil prices and a revived economy. But, he said, if war drags on, it would put the United States in a deep recession.

Sohn said as much in his latest "Financial Market ...

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