120

115

110

105

100

95

90

85

80

1 4

1987

SRH CONFIDENCE INDEX

CHART 1

Stock Market Crisis

Oct 87

Jun 4

Jan 17 Airport

Tiananmen Gulf War Agree-

Incident

7 10 1 4 7 10 1 4 7 10 1 4 7 10 1

1988

1989

ment

Jul 4

94

92

90

84

4 7 10

1991

1990

Political Confidence

Economic Confidence

Economic / Political Confidence Index

Base: Jan 1985 = 100

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