[CANSLIM] Sounds like inflation ahead to me!

From: "Fred Richards" <ffradrich@attbi.com>
Subject: [CANSLIM] Sounds like inflation ahead to me!
Date: Thu, 19 Jun 2003 19:04:15 -0500

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The U.S. Treasury announced an as-expected budget deficit of $90.5
billion in May. Year-to-date, the budget deficit stands at $292.1
billion vs. $145.4 billion in the year-ago period. Both individual and
corporate tax receipts are sharply lower than a year ago, reflecting
declining payrolls and soft business conditions. Government spending is
high, especially for defense and Medicare.
 
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Wonder how long it will take the foreign investors to panic?  And when
they do, will the market continue on its way up?

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<DIV><FONT face=3DArial size=3D2>The U.S. Treasury announced an =
as-expected budget=20
deficit of $90.5 billion in May. Year-to-date, the budget deficit stands =
at=20
$292.1 billion vs. $145.4 billion in the year-ago period. Both =
individual and=20
corporate tax receipts are sharply lower than a year ago, reflecting =
declining=20
payrolls and soft business conditions. Government spending is high, =
especially=20
for defense and Medicare.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><SPAN class=3D625080300-20062003><FONT face=3DArial=20
size=3D2>---------------------</FONT></SPAN></DIV>
<DIV><SPAN class=3D625080300-20062003><FONT face=3DArial=20
size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D625080300-20062003><FONT face=3DArial size=3D2>Wonder =
how long it=20
will take the foreign investors to panic?&nbsp; And when they do, will =
the=20
market continue on its way up?</FONT></SPAN></DIV></DIV></BODY></HTML>

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