Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (18661)	6/22/1998 4:29:00 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

Lee--I am concerned with this new configuration of increasing current account deficit on one hand, yawning trade gap that is falling exports and stagnant imports (this will hinder import of price stability) and the expected budgetary surplus of 50 billion $'s expected by this fiscal year end. For me this is not a good combination, we know aboput evils of twin deficits but I smell in this alignment signs of trouble for me the market needs to take out 8910 this week otherwise I will expect 8476 as the target we can visit. Can you shed some light on this please.