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To: Defrocked who wrote (69913)	10/19/1999 12:55:00 PM
From: John Pitera	Read Replies (1) of 86076

I agree with you that the volume and little else yesterday was indicative of a significant wash-out bottom speaking of the Trade Deficit ú The trade picture is looking more and more intense these days. In August, west coast ports reported record import volume, and now they have reported another record for September. ú While these ports also reported a 9% year/year improvement in loaded outbound containers, the record volume of loaded inbound containers suggests that we will see further widening of the trade deficit in September. ú Here's a closer look at the Briefing.com estimate for the August trade report: ú Economic Preview, August Trade Balance. ú Briefing.com forecast: -$25.5. Consensus: -$25.0. ú The U.S. trade deficit is expected to have yawned its way to another record in August. ú An expected rise in imports of slightly more than $75 mln should have been more than offset by an expected increase in imports of just over $1 bln, and the trade deficit should have widened by a little more than $30 mln. ú The August Trade Balance will be released on Wednesday, October 20 at 08:30 ET.

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