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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (499395)11/27/2003 10:24:41 AM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769670
 
"We have already seen a peak in U.S. growth and the rest of the world is catching up. The spread between U.S. and non-U.S. growth will narrow next year," said Shahab Jalinoos, senior currency strategist at ABN Amro in London.

"The U.S. is struggling to finance its deficit and the underlying flow picture is poor. Persistent concerns of terror attacks and trade disputes mean investors are not willing to hold dollars over (because of) risk premium."

forbes.com