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To: GST who wrote (87182)12/12/1999 5:29:00 PM
From: Bill Harmond  Read Replies (3) | Respond to of 164684
 
Here GST, from tomorrow's Barrons:

Wrightson Associates chief economist Louis Crandall estimates that in 1999, the Europeans will have bought $153 billion more in stock from us than we will have purchased from them. This particular trade surplus, part of what's on our "capital account," is equal to roughly half of our $300 billion "current account" deficit in goods and services.

http://interactive.wsj.com/articles/SB944870857133379632.htm


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