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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (3552)8/1/1997 10:03:00 AM
From: Joseph G.   of 94695
 
SS,

How come multinationaly capitalized Great Companies sell $10 bil less each month than they import? Or you mean Sony + Toyota + Siemens + Volvo + Lucky Goldstar etc should be >> US GDP? Or you have no idea what we're talking about?

US import sales are 8% of GDP, imports are more than that. There is a trade deficit, and was for many years. Unlike in the 1920s or 1960s, when US market cap was under 80% of US GDP at market peaks.

BTW, US GDP includes farming, unincorporated businesses, privately controlled businesses, government, public (nonprofit) sector, etc. None of which have publicly traded stocks.

Joe
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