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To: Rarebird who wrote (58244)9/17/2000 5:36:26 PM
From: goldsnow  Respond to of 116759
 
Future/past? =present? :)..O'key

``Domestic demand and a strong dollar are continuing to pull in imports,'' according to a forecast by economists Mickey Levy and Peter Kretzmer at Banc of America Securities in New York. ``Progress in narrowing the gap will be slow.''

The larger annual deficits have caused Federal Reserve Chairman Alan Greenspan and others to express concern. While imports have helped fill the gap between demand and what U.S. producers can economically make, a recession could cause a pullback of overseas investment, hurting the dollar, raising import prices and aggravating inflation.

quote.bloomberg.com



To: Rarebird who wrote (58244)9/17/2000 10:09:59 PM
From: long-gone  Respond to of 116759
 
Then, are not the valuationsofInternet companies being "corrected"?