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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (21108)	1/12/2005 11:43:01 AM
From: mishedlo	Respond to of 116555

Thanks much - I cross posted my request over there

To: philv who wrote (21108)	1/12/2005 11:44:29 AM
From: mishedlo	Respond to of 116555

RBS Greenwich lowers U.S. GDP forecast on trade gap Wednesday, January 12, 2005 3:55:14 PM afxpress.com WASHINGTON (AFX) -- RBS Greenwich Capital economists cut their forecast for fourth-quarter U.S. economic growth by more than a percentage point to 3 percent Wednesday in wake of the greater-than-expected $60.3 billion trade gap in November. "Domestic demand was still robust" at 4 percent, so the slowdown in gross domestic product isn't so worrisome, said chief economist Steve Stanley. Still, the growing trade gap will "heighten the concerns regarding the current account deficit and perhaps intensify the negative sentiment toward the dollar." [who are these idiots? mish]