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To: Alex who wrote (6975)	1/30/1998 3:26:00 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 116758

Alex--Couple that with this>> A slowdown of half a percentage point in the U.S. economy due to Asia's economic problems would add $10 billion to the U.S. federal deficit, Deputy Treasury Secretary Lawrence Summers said on Friday. ''If the Asian crisis took half a percent off our GDP, as some people have estimated, that would translate into a federal deficit that would be $10 billion larger,'' Summers told the House Banking Committee. And then with this>>> exchange2000.com

To: Alex who wrote (6975)	1/31/1998 1:15:00 AM
From: Gary	Read Replies (2) \| Respond to of 116758

Currencies around the world are very nervous . The Can. prime rate was up .5 today and we have $15 bil. debt refinancing on Mar.31/98. Will we sell it ? Are the rate increases in preparation for it??. A ERO $$ bond financing in Europe was not fully subscribed this month. The first time since 1950 !! The "big bang " is set to happen in Japan on Apr.1/98.For the first time in history the average person will be able to invest abroad. DO you think they will keep the money at home and trust the Japan banks or will there be a yen outflow?? Rates get set on the EMU MAy 1st. Lots to make capital nervous and the price of gold steady one day and volatile the next. Cnd. $ resistence at .65 and .60 and may hold at .65.