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To: Chispas who wrote (96651)12/8/2003 7:12:07 AM
From: Chispas  Respond to of 116898
 
Don't miss this comment in the article below:

"Everbank in the US is helpful re currencies"



To: Chispas who wrote (96651)12/9/2003 8:33:24 AM
From: GST  Read Replies (1) | Respond to of 116898
 
The focus is shifting from the US economy to the US current account deficit. It cannot be financed at current interest rate levels so rates will go up and the dollar will go down. Higher rates will be bad news for economic growth and yet even as growth slows the prospects for inflation will only increase. Unusual times we are in.