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To: NickSE who wrote (41845)5/20/1999 9:13:00 AM
From: Cynic 2005  Respond to of 86076
 
Tradegap is no problemo! -g-

08:30 MARCH ADVANCED TECHNOLOGY IMPORTS RECORD $14.5 BILLION.
08:30 MARCH AUTO IMPORTS RECORD $14.9 BILLION.
08:30 MARCH IMPORTS FROM PACIFIC RIM UP 0.4% YEAR-ON-YEAR, FIRST GAIN SINCE CRISIS.
08:30 MARCH IMPORTS FROM W. EUROPE RECORD $18.4 BILLION.
08:30 MARCH TRADE GAP WITH JAPAN $6.5 BILLION, MOST SINCE OCT. 1994.
08:30 MARCH TRADE GAP WITH MEXICO RECORD $2.5 BILLION.
08:30 MARCH GOODS EXPORTS $54.9 BILLION.
08:30 MARCH SERVICES EXPORTS RECORD $22.6 BILLION.
08:30 MARCH SERVICES IMPORTS RECORD $15.9 BILION.
08:30 MARCH GOODS IMPORTS RECORD $81.3 BILLION.
08:30 Q1 TRADE GAP UP 57% FROM Q1 1998 TO RECORD $55.7 BILLION.
08:30 MARCH IMPORTS RISE 1.3% TO RECORD $97.2 BILLION.
08:30 MARCH EXPORTS RISE 0.9% TO $77.5 BILLION, FIRST GAIN SINCE OCTOBER.
08:30 MARCH TRADE GAP WIDENS 2.9% TO RECORD $19.7 BILLION.



To: NickSE who wrote (41845)5/20/1999 9:33:00 AM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
I am in the Yardeni camp -- Y2K should give us a 30% decline -ng-

What happens as the economy crosses the Y2K threshold is anybody's guess.
Yardini forecasts a 30% correction in the market, followed by a six-month to
one-year recession lasting through next year. Plenty of buy-and-hold advisers and
fund managers, on the other hand, say the event will pass
without much ado.