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To: KeepItSimple who wrote (70241)	10/20/1999 8:54:00 AM
From: MythMan	Respond to of 86076

bond market doesn't seem to like it......Maria busy giving a hummer to Soft this morning. The focus has shifted back to fundametals per Maria >>Trade deficit shrinks WASHINGTON - America's trade deficit narrowed slightly to $24.1 billion in August as improving economies in Asia boosted the fortunes of America's struggling manufacturers and farmers. The Commerce Department reported Wednesday that the August deficit edged down 3.2% from the all-time record of $24.9 billion set in July. But even with the $791 million improvement, the August imbalance was still the third-worst monthly performance in history and left the deficit for the entire year running at an annual rate of $252 billion, 53% higher than last year's record $164.3 billion deficit. And even though the overall deficit improved, America's imbalance with China jumped 8.8% to $6.9 billion, the biggest monthly imbalance ever with a single country. <<

To: KeepItSimple who wrote (70241)	10/20/1999 8:58:00 AM
From: donald sew	Respond to of 86076

Keep it Simple, >>>> It was bad, inflationary wise. Largest export figure ever, and largest import figure ever. They flashed that lovely bit of info on the CNBC ticker for 2 seconds, but didn't say a word about it.. <<<< I agree it was a bad number. If the TRADE DEFICIT figures continue at that pace that is really not good. It needs to improve not just remain the same, but since it basicly met expectations it has a positive spin on it, so for the short-term it is not being viewed as bad. seeya