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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Knighty Tin who wrote (22020)11/19/2004 10:28:39 AM
From: ild  Read Replies (3) of 110194
 
Greenspan Says Foreign Investors May Tire of Financing Current Account Gap
Foreign investors will reach a limit in their desire to finance the U.S. current account deficit and eventually diversify into other currencies or demand higher U.S. interest rates, Federal Reserve Chairman Alan Greenspan said. The dollar extended declines against the euro and yen.

bloomberg.com
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