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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (268169)	11/20/2003 9:23:22 AM
From: MythMan	Read Replies (1) \| Respond to of 436258

btw, not impressed with the futures. barely down. This looks like a dip to be bot.

To: Lucretius who wrote (268169)	11/20/2003 9:24:12 AM
From: MythMan	Read Replies (3) \| Respond to of 436258

>>Greenspan sees no dollar plunge Fed Chairman says wide U.S. trade gap can be corrected in orderly way; warns against protectionism. November 20, 2003: 9:15 AM EST NEW YORK (CNN/Money) - Federal Reserve Chairman Alan Greenspan said Thursday that the wide U.S. trade gap can be corrected without a worrisome plunge in the dollar's value, though he warned against the recent rise of "creeping protectionism." In a speech delivered to the libertarian Cato Institute in Washington, Greenspan disagreed with some economists who worry that the U.S. current account deficit -- the broadest measure of international trade -- which has widened to about 5 percent of gross domestic product (GDP), will lead to a sharp dollar correction that would roil financial markets.