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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Terry Whitman who wrote (24471)11/20/2001 8:34:38 AM
From: Paul Shread  Read Replies (1) of 52237
 
Looks like some fools bought the trade balance "surprise."

washingtonpost.com

Knock $11 billion out of that, and the number is worse than expected.

08:31 ET Economic Data : The September trade deficit narrowed to $18.7 bln, far smaller than the $26 bln consensus, though this surprise was due entirely to an $11 bln decline in imports tied to insurance claims following the Sep 11 attacks. These distortions make it unlikely we'll see any reaction to the report. (briefing)
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